0.1142 is our pivot point.
Our preference: the upside prevails as long as 0.1142 is support.
Alternative scenario: the downside breakout of 0.1142 would call for 0.1124 and 0.1114.
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 above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.1137 and 0.1122).
Supports and resistances:
0.1201 *
0.1191 **
0.1180
0.1159 last
0.1142 **
0.1124 *
0.1114 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-06-2026 at 06:07 UTC+1
Price reference: 0.1159 last known on 05-06-2026 at 06:07 UTC+1
Investment horizon: INTRADAY
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