$PANW is making a powerful recovery move, with buyers reclaiming the key $370 area and pushing strongly toward the previous major high.

Long $PANW
Entry: 370.00–377.00
SL: 360.00
TP1: 387.00
TP2: 399.50
TP3: 403.25

The 4H chart shows a strong bullish reversal from the 326.09 low. Price built a base around the 338.5–355.0 region before buyers stepped in aggressively and broke above the 354.75 resistance area. The latest candle has delivered a sharp momentum expansion toward 379.46, bringing the previous 399.57 high back into focus.

A controlled pullback toward the 370.00–377.00 entry zone could offer a cleaner continuation setup after the strong impulse. As long as PANW holds above the 360.00 area and maintains the breakout structure, buyers can target 387.00, 399.50 and potentially 403.25.