Our pivot point is at 0.2868.
Our preference: the downside prevails as long as 0.2868 is resistance.
Alternative scenario: the upside breakout of 0.2868, would call for 0.2900 and 0.2919.
Comment: the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.2862 and 0.2858). Finally, the TRON / Dollar is trading below its lower Bollinger band (standing at 0.2838).
Supports and resistances:
0.2919 **
0.2900 *
0.2868 **
0.2856
0.2831 last
0.2784
0.2766 **
0.2747 *
0.2728 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-20-2025 at 21:19 UTC+1
Price reference: 0.2831 last known on 11-20-2025 at 21:19 UTC+1
Investment horizon: INTRADAY
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