PLTR at a Decision Point – Will It Defend This Channel or Break Lower?
🔹 Options Sentiment (GEX) Overview:
* Current Price: $137.30
* Gamma Flip Zone: $140.00 (HVL, short-term battleground)
* Call Walls:
* $143.00 (2nd Call Wall)
* $150.00–$152.5 (3rd Call Wall + GEX resistance zone)
* Put Walls:
* $136.00 → minor defense
* $130.00 → strongest Put Support (-45% GEX floor)
* GEX Bias: 📉 Bearish leaning
* GEX: 🔴
* IVR: 20.3 (very low)
* IVx: 64.8 (dropping -4.49%)
* CALLs: 39.9% → PUTs dominant
🧠 Interpretation: GEX is suggesting downside pressure below $140. If bulls can’t reclaim it soon, momentum could shift fast toward $136 → $130 support.
📈 Price Action (1H Intraday - SMC Insight):
* Current Structure:
* Multiple CHoCH (Change of Character) pointing to weakness
* Price broke below the ascending trendline
* Forming a local bearish block beneath $140
* PDH/Resistance: $144.86
* Support:
* $137.42 (short-term)
* $136.08 (SMC support + GEX alignment)
📉 Market Structure Bias: Bearish short-term unless it reclaims the $140 zone and breaks the descending micro-structure.
🎯 Trade Setup Ideas
🔻 Bearish Scenario (If weakness continues):
* Entry: Below $137.20
* Target: $136.08 → $133 → $130
* Stop: $140.00 reclaim
* Confluence: CHoCH + GEX Put Wall magnet + failed trendline defense
🔼 Bullish Reversal Scenario (Only on reclaim):
* Entry: Break & hold above $140.00
* Target: $143 → $144.86 → $150
* Stop: Breakdown back below $139
* Confluence: GEX Flip + Channel re-entry + Institutional Call Wall targets
🔍 Final Thoughts
PLTR is sitting near a critical decision level around $137–$140. Options sentiment (GEX) shows dominant PUT flow and a bear bias below $140, while price action is showing early signs of structure breakdown. If bulls cannot recover $140 early in the week, we could see a slow grind toward the $130 PUT Support zone. Use caution near the $136–$137 liquidity pocket — it's a key short-term decision area.
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk appropriately.
🔹 Options Sentiment (GEX) Overview:
* Current Price: $137.30
* Gamma Flip Zone: $140.00 (HVL, short-term battleground)
* Call Walls:
* $143.00 (2nd Call Wall)
* $150.00–$152.5 (3rd Call Wall + GEX resistance zone)
* Put Walls:
* $136.00 → minor defense
* $130.00 → strongest Put Support (-45% GEX floor)
* GEX Bias: 📉 Bearish leaning
* GEX: 🔴
* IVR: 20.3 (very low)
* IVx: 64.8 (dropping -4.49%)
* CALLs: 39.9% → PUTs dominant
🧠 Interpretation: GEX is suggesting downside pressure below $140. If bulls can’t reclaim it soon, momentum could shift fast toward $136 → $130 support.
📈 Price Action (1H Intraday - SMC Insight):
* Current Structure:
* Multiple CHoCH (Change of Character) pointing to weakness
* Price broke below the ascending trendline
* Forming a local bearish block beneath $140
* PDH/Resistance: $144.86
* Support:
* $137.42 (short-term)
* $136.08 (SMC support + GEX alignment)
📉 Market Structure Bias: Bearish short-term unless it reclaims the $140 zone and breaks the descending micro-structure.
🎯 Trade Setup Ideas
🔻 Bearish Scenario (If weakness continues):
* Entry: Below $137.20
* Target: $136.08 → $133 → $130
* Stop: $140.00 reclaim
* Confluence: CHoCH + GEX Put Wall magnet + failed trendline defense
🔼 Bullish Reversal Scenario (Only on reclaim):
* Entry: Break & hold above $140.00
* Target: $143 → $144.86 → $150
* Stop: Breakdown back below $139
* Confluence: GEX Flip + Channel re-entry + Institutional Call Wall targets
🔍 Final Thoughts
PLTR is sitting near a critical decision level around $137–$140. Options sentiment (GEX) shows dominant PUT flow and a bear bias below $140, while price action is showing early signs of structure breakdown. If bulls cannot recover $140 early in the week, we could see a slow grind toward the $130 PUT Support zone. Use caution near the $136–$137 liquidity pocket — it's a key short-term decision area.
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk appropriately.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.