Palantir Technologies (PLTR) Scalping & Mid-Term Analysis

🔥 Market Overview
Trend: Strong Bearish 📉
Resistance: $88.54 → EMA 9, first major ceiling
Support: $85.50 → Short-term demand zone
Indicators:
MACD: Bearish but momentum is slowing
RSI: 29.61 (Oversold) – potential bounce
VWAP: Below average, sellers maintain control
🩸 Risk: No major news catalyst, but technical weakness dominates

🔥 Scalping Strategy (5x Leverage)
🩸 Momentum Scalping:

Buy: Near $85.50–$86.00, targeting $88.00 (+2.3%)
Sell: Near $88.00–$89.00, targeting $86.00 (-2.1%)
Stop-loss: Below $84.90
🩸 Breakout Scalping:

Above $89.00: Long to $92.00 (+3.4%)
Below $85.50: Short to $83.00 (-2.9%)
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bullish above $90: Possible retest of $95 if recovery starts
Bearish below $85: Likely drop to $80 if breakdown continues
🔥 News & Market Context
🩸 No strong catalysts = Technicals drive the market
🩸 PLTR in oversold conditions but no major bounce signal yet

🔥 Decision:
🩸 Short-term: Scalp long near $85.50, sell at $88.00+
🩸 Mid-term: Wait for trend confirmation before heavy longs
🩸 Ideal Play: Short bounces, enter aggressive longs above $90

👑 Final Verdict:
"Patience isn’t weakness—it’s waiting for the perfect strike." – LucanInvestor