Polkadot / Dollar intraday: rebound towards 2.06

Our pivot point is at 1.89.

Our preference: rebound towards 2.06.

Alternative scenario: below 1.89, expect 1.83 and 1.80.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.97 and 2).

Supports and resistances:

2.14 **

2.10 *

2.06 **

2.03

1.95 last

1.92

1.89 **