Our pivot point is at 0.1120.
Our preference
The downside prevails as long as 0.1120 is resistance.
Alternative scenario
Above 0.1120, look for 0.1152 and 0.1171.
Comment
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.1097 and 0.1109).
Supports and resistances
0.1171 **
0.1152 *
0.1120 **
0.1108
0.1092 last
0.1049
0.1030 **
0.1012 *
0.0993 **
Number of asterisks represents the strength of support and resistance levels.


