TRON / Dollar intraday: as long as 0.2885 is support look for 0.2982

Our pivot point stands at 0.2885.

Our preference: as long as 0.2885 is support look for 0.2982.

Alternative scenario: the downside breakout of 0.2885 would call for 0.2848 and 0.2825.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (0.2921) but above its 50 period moving average (0.2897).

Supports and resistances:

0.3026 **

0.3004 *

0.2982 **

0.2960

0.2915 last

0.2900

0.2885 **