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TRON / Dollar intraday: rebound towards 0.2538

Trading Central 2025-05-02 12:30:05

Our preference: rebound towards 0.2538.

Our pivot point is at 0.2406.

Our preference: rebound towards 0.2538.

Alternative scenario: the downside breakout of 0.2406 would call for 0.2356 and 0.2326.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.2447 and 0.2465).

Supports and resistances:

0.2598 **

0.2568 *

0.2538 **

0.2508

0.2446 last

0.2426

0.2406 **