Chainlink / Dollar intraday: as long as 15.74 is support look for 17.08

Our pivot point stands at 15.74.

Our preference: as long as 15.74 is support look for 17.08.

Alternative scenario: below 15.74, expect 15.24 and 14.94.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 16 and 15.69).

Supports and resistances:

17.67 **

17.37 *

17.08 **

16.78

16.19 last

15.93

15.74 **