TRON / Dollar intraday: the upside prevails as long as 0.2962 is support

Our pivot point stands at 0.2962.

Our preference: the upside prevails as long as 0.2962 is support.

Alternative scenario: below 0.2962, expect 0.2927 and 0.2906.

Comment: the RSI is above 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 0.2979 and 0.2985).

Supports and resistances:

0.3103 **

0.3082 *

0.3061 **

0.3040

0.2998 last

0.2976

0.2962 **