PLTR Approaching Critical Levels โ Can the Breakout Sustain? ๐ฅ
๐ Technical Analysis (1H & 15M View)
PLTR has been in a strong uptrend, respecting the upper trendline of the rising channel on the 1H timeframe. Price is consolidating below $180 after a clean breakout from the $172.5โ$176 range. Bullish momentum remains intact as MACD crosses upward again with histogram flipping light blue. Stoch RSI is mid-range, allowing room for another push.
* Key support: $176.21 and $172.27
* Resistance ahead: $183.00โ$185.00 zone, aligned with projected trendline
* Trend structure: Higher highs and higher lows โ buyers remain in control
* Volume is consistent on green candles, showing strength behind moves
15-Minute Chart Insight:โจPrice is flagging just under the $180 resistance after a measured move. A breakout above $180 could trigger a squeeze toward $183โ$185. A clean 15-min close below $176 would weaken this structure and invite a pullback to $172.27.
Bias: Bullish while price holds above $176.21
๐ง Options & GEX Sentiment (Based on Tanuki GEX Map)
* GEX Resistance Zones:
* $182.5 โ $185.0 (GEX9 + GEX7): This is the strongest gamma resistance cluster โ a breakout here would be explosive.
* $179.5โ$180 also marks a wall with high net positive GEX.
* Support Zones:
* $172.5โ$176.21: Shallow demand zone, supported by options flow.
* $162.5โ$160.0: Stronger GEX and HVL support, likely defended by dealers.
* Options Sentiment:
* IVR: 12.6 โ Low implied volatility
* IVx Avg: 53.9 โ Currently below average IV
* CALL$: 20.6% dominance โ Mild bullish tilt
* GEX sentiment: All green (๐๐๐๐) โ supports upside continuation
โ Game Plan
* Bullish Setup:
* Entry: Above $180.2
* Target: $183.3 โ $185
* Stop: $176.2
* Bearish Setup (only if rejected hard):
* Entry: Break below $175.5
* Target: $172.27 โ $170
* Stop: $178
Scalpers can look for breakout retests on 15M or use VWAP bounce entries if price pulls into $176.2โ$177.0 zone.
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
๐ Technical Analysis (1H & 15M View)
PLTR has been in a strong uptrend, respecting the upper trendline of the rising channel on the 1H timeframe. Price is consolidating below $180 after a clean breakout from the $172.5โ$176 range. Bullish momentum remains intact as MACD crosses upward again with histogram flipping light blue. Stoch RSI is mid-range, allowing room for another push.
* Key support: $176.21 and $172.27
* Resistance ahead: $183.00โ$185.00 zone, aligned with projected trendline
* Trend structure: Higher highs and higher lows โ buyers remain in control
* Volume is consistent on green candles, showing strength behind moves
15-Minute Chart Insight:โจPrice is flagging just under the $180 resistance after a measured move. A breakout above $180 could trigger a squeeze toward $183โ$185. A clean 15-min close below $176 would weaken this structure and invite a pullback to $172.27.
Bias: Bullish while price holds above $176.21
๐ง Options & GEX Sentiment (Based on Tanuki GEX Map)
* GEX Resistance Zones:
* $182.5 โ $185.0 (GEX9 + GEX7): This is the strongest gamma resistance cluster โ a breakout here would be explosive.
* $179.5โ$180 also marks a wall with high net positive GEX.
* Support Zones:
* $172.5โ$176.21: Shallow demand zone, supported by options flow.
* $162.5โ$160.0: Stronger GEX and HVL support, likely defended by dealers.
* Options Sentiment:
* IVR: 12.6 โ Low implied volatility
* IVx Avg: 53.9 โ Currently below average IV
* CALL$: 20.6% dominance โ Mild bullish tilt
* GEX sentiment: All green (๐๐๐๐) โ supports upside continuation
โ Game Plan
* Bullish Setup:
* Entry: Above $180.2
* Target: $183.3 โ $185
* Stop: $176.2
* Bearish Setup (only if rejected hard):
* Entry: Break below $175.5
* Target: $172.27 โ $170
* Stop: $178
Scalpers can look for breakout retests on 15M or use VWAP bounce entries if price pulls into $176.2โ$177.0 zone.
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
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.