TRON / Dollar intraday: as long as 0.3017 is support look for 0.3108

Our pivot point is at 0.3017.

Our preference: as long as 0.3017 is support look for 0.3108.

Alternative scenario: below 0.3017, expect 0.2985 and 0.2966.

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 0.3031 and 0.3003).

Supports and resistances:

0.3146 **

0.3127 *

0.3108 **

0.3089

0.3042 last

0.3029

0.3017 **