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PANDA FINANCE

TRON / Dollar intraday: the upside prevails as long as 0.2719 is support

Trading Central 2025-05-16 12:30:04

Our preference: the upside prevails as long as 0.2719 is support.

0.2719 is our pivot point.

Our preference: the upside prevails as long as 0.2719 is support.

Alternative scenario: below 0.2719, expect 0.2663 and 0.2629.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.2740 and 0.2726).

Supports and resistances:

0.2942 **

0.2908 *

0.2874 **

0.2840

0.2767 last

0.2742

0.2719 **