Our pivot point stands at 0.2524.
Our preference: the upside prevails as long as 0.2524 is support.
Alternative scenario: the downside breakout of 0.2524 would call for 0.2472 and 0.2442.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (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 0.2527 and 0.2514).
Supports and resistances:
0.2694 *
0.2663 **
0.2632
0.2567 last
0.2524 **
0.2472 *
0.2442 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-05-2026 at 10:53 UTC+1
Price reference: 0.2567 last known on 05-05-2026 at 10:53 UTC+1
Investment horizon: INTRADAY
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