TRON / Dollar intraday: the upside prevails as long as 0.2845 is support

Our pivot point is at 0.2845.

Our preference: the upside prevails as long as 0.2845 is support.

Alternative scenario: the downside breakout of 0.2845 would call for 0.2814 and 0.2796.

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 trading above both its 20 and 50 period moving average (respectively at 0.2859 and 0.2849).

Supports and resistances:

0.2967 **

0.2948 *

0.2930 **

0.2912

0.2871 last

0.2857

0.2845 **