Uniswap / Dollar intraday: gap

6.76 is our pivot point.

Our preference: look for a drop towards 6.76 before a bounce.

Alternative scenario: the downside breakout of 6.76 would call for 6.55 and 6.42.

Comment: the RSI is above its neutrality area at 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI should trigger further losses. Moreover, the price is above its 20 and 50 period moving average (respectively at 6.94 and 6.94).

Supports and resistances:

7.60 **

7.47 *

7.34 **

7.21

6.95 last

6.85

6.76 **