0.2088 is our pivot point.
Our preference: rebound.
Alternative scenario: below 0.2088, expect 0.2021 and 0.1981.
Comment: the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (0.2138) but below its 50 period moving average (0.2160).
Supports and resistances:
0.2347 **
0.2307 *
0.2267 **
0.2227
0.2147 last
0.2115
0.2088 **
0.2021 *
0.1981 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-05-2025 at 04:07 UTC+1
Price reference: 0.2147 last known on 09-05-2025 at 04:07 UTC+1
Investment horizon: INTRADAY
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