🔥 Palantir’s $160 Question: Dip of the Month or Danger Zone?

$Palantir Technologies Inc.(PLTR)$  

Palantir's 7% tumble didn't happen in isolation. It was the perfect storm of rate-cut fears, stretched valuations, and momentum traders taking quick profits after last week's Nvidia-led AI rally. But the chart is now screaming one thing:

👉 $160 is the gap-fill magnet.

Here's why this level matters:

1️⃣ The last earnings gap sits exactly at $160

PLTR's explosive post-earnings breakout left an untouched liquidity pocket between $159–$162.

Stocks LOVE filling gaps.

PLTR is no exception - it's done so almost every earnings cycle.

2️⃣ Options flow is clustering at $160–$165

Big-money hedges have shifted downwards, suggesting market makers expect a test of that zone before stabilisation.

3️⃣ Fundamentals are still intact

GovCloud, AI inference deals, and commercial growth remain solid.

This pullback isn'5 due to deteriorating business — just macro pressure + overextension.

🎯 So, is $160 a buy-the-dip level?

Here's the game plan traders are eyeing:

Bullish Scenario (High Probability):

📌 PLTR drops into $160–$163 → volume spikes → buyers defend → rebound toward $175–$180.

Bearish Scenario (Low Probability):

📌 Macro meltdown drags PLTR into $150–$155.

Would be a gift, but unlikely unless market enters panic mode.

⭐ My take:

At $160–$163, PLTR becomes a high-conviction rotational dip.

AI spending isn'r slowing, and Palantir remains the cleanest narrative in GovAI + enterprise adoption.

If I had to choose one word to summarise this moment?

➡️ Opportunity!!

I'm not a financial advisor. Trade wisely, Comrades!