Our pivot point is at 0.2247.
Our preference: rebound towards 0.2437.
Alternative scenario: the downside breakout of 0.2247 would call for 0.2184 and 0.2146.
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 (0.2289) but under its 50 period moving average (0.2358).
Supports and resistances:
0.2513 **
0.2475 *
0.2437 **
0.2399
0.2306 last
0.2271
0.2247 **
0.2184 *
0.2146 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-29-2025 at 10:44 UTC+1
Price reference: 0.2306 last known on 07-29-2025 at 10:44 UTC+1
Investment horizon: INTRADAY
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