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Uniswap / Dollar intraday: as long as 6.19 is support look for 6.75

Trading Central 2025-06-03 14:57:07

The price could retrace.

Our pivot point is at 6.19.

Our preference: as long as 6.19 is support look for 6.75.

Alternative scenario: below 6.19, expect 5.99 and 5.88.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (6.40) but above its 50 period moving average (6.29).

Supports and resistances:

6.99 **

6.87 *

6.75 **

6.63

6.39 last

6.27

6.19 **