TRON / Dollar intraday: the downside prevails as long as 0.2414 is resistance

Our pivot point is at 0.2414.

Our preference: the downside prevails as long as 0.2414 is resistance.

Alternative scenario: the upside breakout of 0.2414, would call for 0.2462 and 0.2491.

Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.2380 and 0.2388).

Supports and resistances:

0.2491 **

0.2462 *

0.2414 **

0.2394

0.2375 last

0.2316

0.2287 **