At this level, bulls and bears are already battling it out. $PLTR is at 166.07, down 3.55% in 24 hours. It’s now just a step away from the low of 165.00, while 173.78 above is yesterday’s high.

This is the Palantir USDT perpetual contract price on OKX. AI stocks have all been trending down in this latest move, and Palantir is caught in the middle. Holders are having the toughest time—sell, and you worry you’re selling at the bottom; hold, and you worry there’ll be another leg down on Monday.

I’m inclined to sit tight for now, since 165.00 is right at our feet, and a break below it would mean a new low. But if it gets back above 173.78, I’ll change my mind immediately—that would mean buyers are back.

If it can’t hold the 165 level, how much further down do you think it could go?

$PLTR
#美股 #Palantir