The price action is consolidating within a clearly defined zone. Overhead sits a significant sell order block acting as resistance, capping upside momentum. Below the market, there's solid support from a buy order block combined with the 1.618 logarithmic Fibonacci level—a critical floor that's worth watching.
The range-bound setup suggests traders are taking positions at these levels. Breaking above resistance could spark fresh buying interest, while holding support would likely keep the consolidation intact. It's a classic squeeze scenario where the next move matters.
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BearMarketBro
· 8h ago
PLTR is holding quite tight, just waiting for the breakdown...
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NotFinancialAdvice
· 8h ago
pltr is currently under pressure; the key is how to break through.
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DegenTherapist
· 8h ago
Is PLTR squeezing again? We'll only know the true story when it breaks through...
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TestnetFreeloader
· 8h ago
Another squeeze market situation, just wait for the breakout... The wall above needs to be broken through.
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consensus_failure
· 8h ago
It's another round of market analysis and Fibonacci, feels like squeezing toothpaste.
PLTR Technical Setup This Week
The price action is consolidating within a clearly defined zone. Overhead sits a significant sell order block acting as resistance, capping upside momentum. Below the market, there's solid support from a buy order block combined with the 1.618 logarithmic Fibonacci level—a critical floor that's worth watching.
The range-bound setup suggests traders are taking positions at these levels. Breaking above resistance could spark fresh buying interest, while holding support would likely keep the consolidation intact. It's a classic squeeze scenario where the next move matters.