Palantir (PLTR) is approaching an important support area after facing sustained selling pressure on the 4H timeframe.
I'm watching how price reacts around $184.65. This level could become an interesting opportunity if buyers step in and confirm a reversal.
Key levels I'm watching:
- Support: $184.65
- First resistance: $190.45
- Major resistance: $202.58
- Next upside target: $213.16
My trading plan:
I'm interested in a potential long setup, but I don't want to anticipate the move.
If buyers defend $184.65 and price reclaims $190.45 with strong confirmation, I'll consider the upside opportunities toward $202.58 and potentially $213.16.
However, a decisive breakdown below support would invalidate the bullish idea. Capital protection comes first.
My approach: Structure first, confirmation second. No FOMO and no forced entries.
I'm also keeping PLTR on my Bitget stock trading watchlist as I explore opportunities across traditional equities and crypto from one platform.
Let's see how the market responds.
