Our pivot point stands at 3.9.
Our preference: target 3.24.
Alternative scenario: above 3.9, look for 4.15 and 4.3.
Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. The price is below its 20 day MA (3.7) but above its 50 day MA (3.58).
