TRON / Dollar intraday: the upside prevails as long as 0.2705 is support

Our pivot point stands at 0.2705.

Our preference: the upside prevails as long as 0.2705 is support.

Alternative scenario: the downside breakout of 0.2705 would call for 0.2648 and 0.2615.

Comment: the RSI is above 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 0.2741 and 0.2742).

Supports and resistances:

0.2918 **

0.2885 *

0.2851 **

0.2818

0.2750 last

0.2727

0.2705 **