TRON / Dollar intraday: the upside prevails as long as 0.2734 is support

Our pivot point is at 0.2734.

Our preference: the upside prevails as long as 0.2734 is support.

Alternative scenario: the downside breakout of 0.2734 would call for 0.2702 and 0.2683.

Comment: the RSI is above 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 0.2753 and 0.2750).

Supports and resistances:

0.2855 **

0.2836 *

0.2817 **

0.2798

0.2760 last

0.2747

0.2734 **