TRON / Dollar intraday: the downside prevails as long as 0.2765 is resistance

Our pivot point stands at 0.2765.

Our preference: the downside prevails as long as 0.2765 is resistance.

Alternative scenario: above 0.2765, look for 0.2797 and 0.2816.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.2749 and 0.2742).

Supports and resistances:

0.2816 **

0.2797 *

0.2765 **

0.2753

0.2739 last

0.2701

0.2682 **