0.1753 is our pivot point.
Our preference: the upside prevails as long as 0.1753 is support.
Alternative scenario: below 0.1753, expect 0.1706 and 0.1678.
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 above its 20 and 50 period moving average (respectively at 0.1736 and 0.1663).
Supports and resistances:
0.1936 **
0.1908 *
0.1880 **
0.1852
0.1793 last
0.1771
0.1753 **
0.1706 *
0.1678 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-24-2025 at 04:11 UTC+1
Price reference: 0.1793 last known on 06-24-2025 at 04:11 UTC+1
Investment horizon: INTRADAY
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