TRON / Dollar intraday: the downside prevails as long as 0.3547 is resistance

Our pivot point stands at 0.3547.

Our preference: the downside prevails as long as 0.3547 is resistance.

Alternative scenario: the upside breakout of 0.3547, would call for 0.3583 and 0.3605.

Comment: the RSI is below its neutrality area at 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 0.3539 and 0.3529).

Supports and resistances:

0.3605 **

0.3583 *

0.3547 **

0.3533

0.3518 last

0.3467

0.3446 **