TRON / Dollar intraday: the downside prevails as long as 0.2748 is resistance

Our pivot point stands at 0.2748.

Our preference: the downside prevails as long as 0.2748 is resistance.

Alternative scenario: the upside breakout of 0.2748, would call for 0.2804 and 0.2837.

Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.2738 and 0.2748).

Supports and resistances:

0.2837 **

0.2804 *

0.2748 **

0.2727

0.2704 last

0.2634

0.2601 **