Chainlink / Dollar intraday: the downside prevails as long as 24.54 is resistance

Our pivot point stands at 24.54.

Our preference: the downside prevails as long as 24.54 is resistance.

Alternative scenario: above 24.54, look for 25.28 and 25.71.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 24.28 and 24.69).

Supports and resistances:

25.71 **

25.28 *

24.54 **

24.26

23.88 last

22.94

22.51 **