TRON / Dollar intraday: the upside prevails as long as 0.2940 is support

Our pivot point is at 0.2940.

Our preference: the upside prevails as long as 0.2940 is support.

Alternative scenario: below 0.2940, expect 0.2905 and 0.2884.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.2965 and 0.2964).

Supports and resistances:

0.3072 **

0.3051 *

0.3030 **

0.3009

0.2968 last

0.2954

0.2940 **