Our pivot point stands at 22.19.
Our preference: the downside prevails as long as 22.19 is resistance.
Alternative scenario: above 22.19, look for 26.31 and 28.77.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 19.72 and 21.58).
Supports and resistances:
28.77 **
26.31 *
22.19 **
20.57
17.91 last
13.11
10.82 **
8.53 *
6.25 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-21-2025 at 12:12 UTC+1
Price reference: 17.91 last known on 10-21-2025 at 12:12 UTC+1
Investment horizon: ST
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