TRON / Dollar intraday: as long as 0.3163 is support look for 0.3254

Our pivot point stands at 0.3163.

Our preference: as long as 0.3163 is support look for 0.3254.

Alternative scenario: below 0.3163, expect 0.3129 and 0.3109.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.3187 and 0.3177).

Supports and resistances:

0.3294 **

0.3274 *

0.3254 **

0.3233

0.3192 last

0.3176

0.3163 **