TRON / Dollar intraday: the upside prevails as long as 0.2738 is support

Our pivot point is at 0.2738.

Our preference: the upside prevails as long as 0.2738 is support.

Alternative scenario: the downside breakout of 0.2738 would call for 0.2706 and 0.2687.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.2761 and 0.2758).

Supports and resistances:

0.2860 **

0.2841 *

0.2821 **

0.2802

0.2763 last

0.2750

0.2738 **