Current Situation $PLTRon
Price: $153.54
Strong bounce from major support near $125
Big volume spike → shows strong buying interest
Price moved above MA(7) & MA(25) (short-term bullish)
Still below MA(99) (~$165 area) → major resistance ahead
🔎 Technical View
Downtrend was strong, but this looks like a relief rally
If price breaks and holds above $165, trend may shift bullish
If rejected near $160–$170, it could drop back to $140–$130
🎯 Future Prediction (Short Term)
Bullish case: Target $170 → $185
Bearish case: Pullback to $140 area
Invalidation: Below $125 = weakness again
💡 Conclusion
Momentum is improving, but confirmation needs a break above $165. Until then, treat this as a recovery bounce, not a full trend reversal.
#PLTRon #Binance #cryptouniverseofficial
