TRON / Dollar intraday: as long as 0.2839 is support look for 0.2922

Our pivot point stands at 0.2839.

Our preference: as long as 0.2839 is support look for 0.2922.

Alternative scenario: below 0.2839, expect 0.2809 and 0.2791.

Comment: the RSI is above 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 0.2863 and 0.2850).

Supports and resistances:

0.2959 **

0.2940 *

0.2922 **

0.2904

0.2864 last

0.2851

0.2839 **