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TRON / Dollar intraday: below its lower Bollinger band

Trading Central 2025-10-30 13:30:07

The configuration is negative.

0.2968 is our pivot point.

Our preference: the downside prevails as long as 0.2968 is resistance.

Alternative scenario: above 0.2968, look for 0.3003 and 0.3024.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.2964 and 0.2966). Finally, the TRON / Dollar is trading below its lower Bollinger band (standing at 0.2940).

Supports and resistances:

0.3024 **

0.3003 *

0.2968 **

0.2955

0.2939 last

0.2894

0.2873 **