Our pivot point is at 12.85.
Our preference: as long as 12.85 is support look for 13.48.
Alternative scenario: the downside breakout of 12.85 would call for 12.61 and 12.46.
Comment: the RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 12.85 and 12.55).
Supports and resistances:
13.77 **
13.63 *
13.48 **
13.34
13.05 last
12.95
12.85 **
12.61 *
12.46 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-13-2026 at 21:15 UTC+1
Price reference: 13.05 last known on 01-13-2026 at 21:15 UTC+1
Investment horizon: INTRADAY
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