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$PLTR
The local structure is still undeniably bearish, cascading with a clear sequence of LHs and LLs.
However, price is reacting exactly where it needs to.
We just tapped into a major area of interest and caught a solid bounce.
Pair this reaction with the clear bullish divergence forming on the RSI, and the setup becomes very interesting.
Momentum is shifting, but to confirm a true reversal, we need to break the last LH and see a clean structural shift.
Until then, we play the bounce level to level.