Palantir Technologies (PLTR) is approaching a potential bearish reversal zone. Based on my analysis, the price may first extend slightly higher and test the 190 level, where selling pressure could start to build.

If PLTR faces rejection around this area, I expect sellers to take control and push the market toward lower levels. The primary downside target for this setup is around 130, making the potential move significantly larger than the initial upside extension.

The key level to watch is 190. A clear rejection from this zone would strengthen the bearish outlook and could signal the beginning of a larger downward move. Traders should monitor price action carefully around the projected rejection area and manage risk accordingly.

📉 Bias: SELL / Bearish
🎯 Upside Rejection Zone: 190
🎯 Main Downside Target: 130