Our pivot point is at 0.2217.
Our preference: rebound towards 0.2406.
Alternative scenario: the downside breakout of 0.2217 would call for 0.2145 and 0.2103.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (0.2271) but under its 50 period moving average (0.2292).
Supports and resistances:
0.2491 **
0.2449 *
0.2406 **
0.2364
0.2278 last
0.2245
0.2217 **
0.2145 *
0.2103 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-05-2025 at 02:09 UTC+1
Price reference: 0.2278 last known on 09-05-2025 at 02:09 UTC+1
Investment horizon: INTRADAY
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