Jun. 20 at 4:16 PM
$PLTR is sitting right at a key technical zone (AVWAP + momentum low), which often acts like a decision point.
The message from price action is pretty clear: every bounce has been getting sold aggressively, so buyers haven’t been able to build any real control yet.
If this AVWAP level breaks, downside can open quickly because there isn’t much nearby support until lower liquidity zones.
Right now it’s less about predicting direction and more about watching reaction:
hold = stabilization attempt, lose = continuation of downtrend.