PLTR is coming into the week sitting inside a tight decision zone around 125–130. The daily chart is trying to recover after the sharp drop toward 106, but price is still below the key 129–130 resistance area.
For me, this is not a place to guess direction. I want to see whether PLTR can reclaim 129–130 and hold, or lose 125 and start another move lower.
Daily Chart
The daily chart shows PLTR bouncing strongly from the 106.37 low, but the larger structure has not fully turned bullish yet.
Price is currently sitting around 126–127 and continues to struggle below 129.24. This area acted as an important support level before the selloff, so it may now become resistance.
A daily close above 129.24–130 would be the first sign that buyers are taking control again.
Above 130, I will watch 135, 140 and then the larger resistance area around 162.67–165.57.
The bullish structure becomes much stronger only if PLTR can eventually reclaim the 162–166 area.
On the downside, 125 is the first important support. If PLTR loses 125, the next larger downside levels are 120 and then the previous low around 106.37.
15-Minute Chart
The 15-minute chart shows PLTR consolidating after the rejection from 132.28.
Price is now trading in a very tight range near 126.50, with support around 125.75–125 and resistance around 127.25–128.
The stock is also trading below the short-term moving average, so buyers still need to prove that they can reclaim 127.25 and push back toward 128–130.
This tight consolidation can lead to a strong move, but I would wait for price to break the range with volume instead of entering while it stays trapped in the middle.
Key Levels
Resistance: 127.25, 128, 129, 130, 132.28, 133, 135, 140
Support: 126, 125.75, 125, 124.80, 120, 116, 115, 106.37
GEX Positioning
The GEX chart shows 125 as the main high-volume level and near-term support.
PLTR is currently trading just above this area, so 125 may act as a magnet and keep price pinned until buyers or sellers create enough volume to break away from it.
The first upside GEX level is around 127, followed by 129 and 130.
The 130 level appears to be the most important nearby call wall. That means PLTR could struggle or slow down near 130 unless buyers come in with strong volume.
Above 130, the next upside GEX levels are 133, 135 and 140.
On the downside, 120 is the main put wall and the most important bearish target if 125 fails.
Below 120, the next put levels are around 116 and 115.
The GEX structure suggests PLTR may stay inside the 125–130 range until a catalyst forces a larger move.
Bullish Scenario
For the bullish setup, I want PLTR to hold above 125 and reclaim 127.25–128.
A 15-minute close above 128 would give buyers a better chance of pushing into 129 and 130.
The stronger confirmation would be a break above 130 followed by a successful retest.
Above 130, I will watch 132.28, 133, 135 and then 140.
If PLTR can break and hold above 140, the daily chart would have more room to recover toward the larger 162–166 resistance zone.
Bearish Scenario
For the bearish setup, I will watch for rejection around 127.25–130.
If PLTR continues failing below this area and then loses 125, the short-term structure would weaken.
A confirmed 15-minute close below 125 could open the move toward 124 and then the major 120 put wall.
If 120 fails, the next downside targets would be 116 and 115.
A larger breakdown below 115 could eventually bring the previous daily low around 106.37 back into play.
Trade Considerations
PLTR is currently sitting near the middle of the 125–130 GEX range, so this could remain choppy until price clearly breaks one side.
For calls, I want to see PLTR reclaim 127.25–128, then confirm above 130.
For puts, I want to see rejection from resistance followed by a clean loss of 125.
I would also watch the opening range and VWAP. A breakout without volume could quickly fail because the GEX levels are positioned close together.
Options Outlook
The chart shows IV Rank around 59 and average implied volatility near 65.6, so options premium is already elevated.
Because of that, I would avoid chasing contracts while PLTR remains stuck between 125 and 130.
The cleaner opportunity may come after price breaks the range and confirms direction with a retest.
Conclusion
PLTR is trying to build a base, but buyers still need to reclaim 129–130 before the chart becomes more bullish.
Above 130, I will watch 132.28, 133, 135 and 140.
Below 125, I will watch 120, 116 and 115.
The main decision zone this week is 125–130. A clean break from this range could create the next strong trading opportunity.
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Built for traders who want clarity, not noise.
bullbearxinsights.app
bullbearxinsights.app
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.