Our pivot point is at 0.2779.
Our preference: as long as 0.2779 is support look for 0.2922.
Alternative scenario: the downside breakout of 0.2779 would call for 0.2726 and 0.2695.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (0.2829) but above its 50 period moving average (0.2759).
Supports and resistances:
0.2954 *
0.2922 **
0.2891
0.2824 last
0.2779 **
0.2726 *
0.2695 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-11-2026 at 02:07 UTC+1
Price reference: 0.2824 last known on 05-11-2026 at 02:07 UTC+1
Investment horizon: INTRADAY
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