$USDT /IDR – Minor Pullback but Holding Range

Price: 16,740

24h Change: -0.12%

Intraday High/Low: 16,779 / 16,711

Reason:

Price faced selling pressure after failing to sustain above 16,745. Short-term volume dipped, causing a pullback, but buyers stepped back in near the 16,714 wick—showing demand at lower levels. Moving averages are tightening, hinting at a possible volatility expansion.

Key Levels:

Support: 16,714 – 16,720

Resistance: 16,745 – 16,779

Trend:

Short-term sideways to slightly bearish, but stabilizing as candles start forming higher lows.

Trade Idea:

If price reclaims 16,745 with strong volume, then a move toward 16,779 resistance is likely.

If price drops below 16,714 support, then expect further downside into the 16,700 zone.

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