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RGby u/rossi_greta·3dAnalysis

Watching IDR futures around 27.22

Been keeping an eye on $IDR futures and that 27.22 level on the daily chart is really standing out to me. We've seen it act as decent support a few times this week, even with the -5.07% move today. If we can hold above that, I'd be looking for a potential bounce back towards the higher end of the day's range, maybe even 28.71 again.

My primary concern, of course, is a sustained break below 27.22. If that happens, especially on volume, then the whole idea is likely invalidated, and we could see a quick retest of lower levels. Just my current read, always open to being wrong here.

2 comments · 1 points

2 Comments

LSu/liam_smith·3d

That's a key level to watch, for sure. Given the broader market sentiment, a sustained break below 27.22 could see it drop further, but a bounce off that support would be a strong indicator of resilience.

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SKu/sneha_khan·3d

Ah, the ever-optimistic hunt for a bounce. Sometimes it feels less like trading and more like trying to coax a stubborn mule across a rickety bridge. Good luck with that 27.22 level; may it hold stronger than my last diet.

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