$PLTR LIQUIDITY SWEEP — BULLS ARE BACK IN CONTROL
$PLTR just swept 0.61% below 191.81 and quickly reclaimed the level. With 1H structure still printing higher highs and higher lows, the move looks more like a liquidity grab than a trend reversal.
My bias remains bullish:
- 1H, Daily and Weekly structure are aligned bullish.
- The 15M wick below 191.81 followed by a reclaim signals a potential liquidity sweep.
- BTC remains bearish, so this is still a counter-trend long and confirmation is essential.
- First upside target: 194.69 swing-high liquidity.
- Next targets: 195.19–196.01.
- Stretch target: 198.68 if momentum expands.
ENTRY ZONE:
191.00–192.80 after a confirmed 15M/5M bullish engulfing or market-structure shift that holds above 191.81.
CONFIRMATION:
I want to see a rejection wick, reclaim of 191.81 and a fresh 15M higher low. No chasing a raw breakout above 194.69, especially while volume momentum is fading.
TAKE PROFITS:
TP1: 194.69
TP2: 196.01
TP3: 198.68
INVALIDATION:
A close below 187.70 breaks the current higher-low structure and invalidates the bullish setup.
FLOW:
OI $9.2M (-7.3% 24H) | Funding 0.0000% | Taker 1.00x
No chase. Let the structure confirm the move.
Not investment advice. Educational report only.
#PLTR #Trading #CryptoTrading #TechnicalAnalysis #BinanceSquare $PLTR
$PLTR just swept 0.61% below 191.81 and quickly reclaimed the level. With 1H structure still printing higher highs and higher lows, the move looks more like a liquidity grab than a trend reversal.
My bias remains bullish:
- 1H, Daily and Weekly structure are aligned bullish.
- The 15M wick below 191.81 followed by a reclaim signals a potential liquidity sweep.
- BTC remains bearish, so this is still a counter-trend long and confirmation is essential.
- First upside target: 194.69 swing-high liquidity.
- Next targets: 195.19–196.01.
- Stretch target: 198.68 if momentum expands.
ENTRY ZONE:
191.00–192.80 after a confirmed 15M/5M bullish engulfing or market-structure shift that holds above 191.81.
CONFIRMATION:
I want to see a rejection wick, reclaim of 191.81 and a fresh 15M higher low. No chasing a raw breakout above 194.69, especially while volume momentum is fading.
TAKE PROFITS:
TP1: 194.69
TP2: 196.01
TP3: 198.68
INVALIDATION:
A close below 187.70 breaks the current higher-low structure and invalidates the bullish setup.
FLOW:
OI $9.2M (-7.3% 24H) | Funding 0.0000% | Taker 1.00x
No chase. Let the structure confirm the move.
Not investment advice. Educational report only.
#PLTR #Trading #CryptoTrading #TechnicalAnalysis #BinanceSquare $PLTR