Our pivot point stands at 0.2242.
Our preference: the upside prevails as long as 0.2242 is support.
Alternative scenario: below 0.2242, expect 0.2170 and 0.2127.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.2282 and 0.2286).
Supports and resistances:
0.2513 **
0.2470 *
0.2427 **
0.2384
0.2298 last
0.2270
0.2242 **
0.2170 *
0.2127 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-05-2025 at 06:09 UTC+1
Price reference: 0.2298 last known on 09-05-2025 at 06:09 UTC+1
Investment horizon: INTRADAY
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