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TRON / Dollar intraday: rebound towards 0.3594

Trading Central 2025-08-16 15:12:05

Our preference: rebound towards 0.3594.

Our pivot point stands at 0.3505.

Our preference: rebound towards 0.3594.

Alternative scenario: below 0.3505, expect 0.3471 and 0.3450.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.3534 and 0.3544).

Supports and resistances:

0.3635 **

0.3614 *

0.3594 **

0.3574

0.3533 last

0.3518

0.3505 **