Our pivot point stands at 0.2682.
Our preference: target 0.2465.
Alternative scenario: above 0.2682, look for 0.2764 and 0.2813.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (0.2643) but above its 50 period moving average (0.2580).
Supports and resistances:
0.2813 **
0.2764 *
0.2682 **
0.2650
0.2612 last
0.2514
0.2465 **
0.2417 *
0.2368 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-31-2025 at 15:06 UTC+1
Price reference: 0.2612 last known on 07-31-2025 at 15:06 UTC+1
Investment horizon: INTRADAY
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