Palantir: Bounce Incoming or Just a Trap?
$Palantir Technologies Inc.(PLTR)$ up 2% today, and we finally got what we were waiting for—a higher low on the daily BX. This is the first real sign that buyers are stepping in.
⚠️ But here’s the problem…
🔴 The weekly BX still hasn’t flipped.
🔍 What’s next?
📊 A relief rally up to $100 is possible, especially with low volume resistance between $84-$98.
🔄 If we reject there? We could see another flush down to the smart money zone at $73.
📉 A short-term bounce might trap retail before another leg lower.
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