PLTR at a Critical Level! Key Trade Setups for This WeekTechnical Analysis & Market Structure
PLTR has experienced a strong move downward, breaking below key levels before finding support near $95.80. The hourly chart indicates a descending structure with lower highs and lower lows, suggesting continued bearish pressure. However, the 15-minute chart highlights a potential stabilization near key liquidity zones.
Support Levels:
$95.80 (GEX 1st PUT Support - critical defense)
$90.00 (2nd PUT Wall, strong bearish threshold)
$80.00 (Extreme bearish scenario)
Resistance Levels:
$100.00 (Psychological & GEX HVL Sigma zone)
$105.00 (2nd Call Wall - first major bullish test)
$120.00-$130.00 (Major NET GEX Call zone, potential gamma squeeze target)
Options Sentiment & GEX Analysis
The GEX model shows significant positioning around $100, which acts as a magnet for price action. A break and hold above $100 could lead to a gamma squeeze toward $105 and potentially $120.
IVR: 68.4 – Implies medium volatility, still elevated
IVx avg: 88.6% – IV skew favors short-dated options
Call GEX: 22.4% – Calls are building strength but still below major inflection zones
Trade Setups
🔹 Bullish Play:
Entry: Above $100, retest confirmation
Target: $105 / $120
Stop-Loss: Below $98.50
🔻 Bearish Play:
Entry: Below $95.80 breakdown
Target: $90 / $80
Stop-Loss: Above $98
Final Thoughts
PLTR is at a high-stakes decision point with GEX levels aligning near $100 as a pivot. A move above this zone could bring a gamma acceleration toward $105-$120, while rejection signals further downside to $90 and below. Patience is key—wait for retests before entering trades.
🔔 This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
