In the 30min we have a trading range between the 25.05 and the 25.55, and to the side it breaks, we’ll see a big movement afterwards in the breakout’s direction. The RSI is enigmatic, and don’t give us any clue about to which side it’ll break.
PLTR is in a slow bull trend, but if it breaks the 25.05, it’ll most likely lose the red line and it won’t hit our target as soon as we expect. On the other hand, if it breaks the 25.55, then I believe we’ll start to fly again.
PLTR has been losing its volatility, but at one point it’ll recover it, and we’ll see some nice movements next. Let’s keep our eyes open around these two breakpoints just in case.
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