Palantir Technologies (PLTR): Navigating Market Pressure
🩸 Long: Above $75.88, aiming for $80.00 and $84.00. Bulls need strong volume to reclaim the upward trajectory.
🩸 Short: Below $68.31, targeting $65.00 and $60.00. Selling pressure may escalate if this level breaks.
🩸 Resistance: $75.88 – Key for upward momentum.
🩸 Support: $68.31 – A crucial line in the sand for bulls.
The recent 7.64% drop highlights market volatility, with MACD momentum weakening. Palantir sits at critical levels, and decisive moves in either direction could set the tone for upcoming sessions.
👑 "Adversity is the crucible where strategies are forged." — LucanInvestor
🩸 Short: Below $68.31, targeting $65.00 and $60.00. Selling pressure may escalate if this level breaks.
🩸 Resistance: $75.88 – Key for upward momentum.
🩸 Support: $68.31 – A crucial line in the sand for bulls.
The recent 7.64% drop highlights market volatility, with MACD momentum weakening. Palantir sits at critical levels, and decisive moves in either direction could set the tone for upcoming sessions.
👑 "Adversity is the crucible where strategies are forged." — LucanInvestor
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