Uniswap / Dollar intraday: the upside prevails as long as 11.03 is support

11.03 is our pivot point.

Our preference: the upside prevails as long as 11.03 is support.

Alternative scenario: the downside breakout of 11.03 would call for 10.67 and 10.46.

Comment: the RSI is above its neutrality area at 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 11.21 and 11.12).

Supports and resistances:

12.40 **

12.19 *

11.98 **

11.77

11.34 last

11.17

11.03 **