TRON / Dollar intraday: as long as 0.2771 is support look for 0.2857

Our pivot point stands at 0.2771.

Our preference: as long as 0.2771 is support look for 0.2857.

Alternative scenario: below 0.2771, expect 0.2738 and 0.2719.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.2795 and 0.2782).

Supports and resistances:

0.2895 **

0.2876 *

0.2857 **

0.2837

0.2799 last

0.2783

0.2771 **