Palantir ($PLTR) just wrapped the week below its 20-week moving average—that's usually a red flag. Next stop could be the lower Bollinger Band sitting around 152 if selling pressure keeps up. Here's the thing: if we break through the November lows (147.56) sometime in Q1, that November peak of 207.52 might end up being where the real top sits. Charts don't lie; gotta respect the levels.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
21 Likes
Reward
21
6
Repost
Share
Comment
0/400
gas_fee_trauma
· 01-07 11:39
PLTR is a bit nervous this wave, the 20-week moving average has been broken... need to watch out for the 152 level.
View OriginalReply0
ProofOfNothing
· 01-06 06:26
PLTR this wave is probably testing the 147 support, and the high at 207 really feels like a top.
View OriginalReply0
TokenStorm
· 01-05 21:53
207.52 is the top; I bet it's the ceiling. The 20-week moving average broke and it also fell below 147. When you look back at this chart later, you'll be laughing. But in times like these, it's easiest to bottom fish and catch flying knives. I'm already calculating the arbitrage space.
View OriginalReply0
MidnightTrader
· 01-05 21:51
PLTR this wave feels quite risky, the 147 dollar level really must not be broken.
View OriginalReply0
AltcoinMarathoner
· 01-05 21:46
ngl this is just mile 20 vibes. pltr tested some support, sure, but fundamentals on institutional flows still look solid long-term. patience separates holders from panic sellers.
Reply0
rugged_again
· 01-05 21:25
207 dropped to 147? Damn, that must have hurt a lot. Haha
Palantir ($PLTR) just wrapped the week below its 20-week moving average—that's usually a red flag. Next stop could be the lower Bollinger Band sitting around 152 if selling pressure keeps up. Here's the thing: if we break through the November lows (147.56) sometime in Q1, that November peak of 207.52 might end up being where the real top sits. Charts don't lie; gotta respect the levels.