$PLTR /USDT SHORT TRADE SETUP
$PLTR is currently trading at 128.20, showing significant bearish pressure with a -6.87% decline over the last 24 hours. Despite a strong earnings report earlier this month, the stock derivatives on Binance are underperforming as investors pivot away from high-valuation tech assets toward safer havens like gold and dividend ETFs. The 15m chart indicates a series of lower highs, failing to maintain levels above the local high of 140.65, while high trading volume suggests active selling interest.
Target Points
TP1: 124.90 (Retest of the current 24h low)
TP2: 118.50 (Targeting historical support levels)
TP3: 110.00 (Alignment with broader market correction targets)
Stop Loss
Set stop loss above 136.00 to manage risk against a potential relief bounce or reversal.
Buy and Trade here on $PLTR
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