PLTR Just Exploded – Will Gamma Resistance Cut the Move Short/Palantir Technologies Inc.BATS:PLTRBullBearInsights🔍 PLTR GEX Daily (Options Sentiment Outlook) Palantir (PLTR) had a huge move on Friday, closing at $131.78 — up 7.73% and officially breaking out above recent consolidation. This move punched right into the call-heavy zone between 132–138, where GEX suggests dealers will start to hedge more aggressively. Here’s what GEX is saying: * 🟩 Major call walls at 133.5 → 138, where dealer hedging can cap upside or create a gamma grind. * 🟥 Below, strong put walls at 121 and 118, now acting as support buffers. * 🧊 IVR 27.8 – still relatively low, with room for expansion on continuation moves. 💡 Option Strategy Ideas (GEX-based): * Bullish: If price holds above 130, play for momentum into 135–138 using Jul 19 135c or 130c/140c debit spread. * Bearish Hedge: If we lose 130 quickly, look for mean reversion down to 126–122. Consider Jul 19 130p/122p spread. You’re in the zone where gamma pinning starts — price could stall or chop unless volume stays aggressive. 🕵️♂️ 1H Structure (Swing & Intraday Game Plan) Looking at the 1-hour chart, PLTR printed a textbook CHoCH → BOS move, breaking through descending structure and confirming the breakout with serious volume. We’re now in the purple supply zone, consolidating just under 131–132 after a strong push. Key Levels: * 📦 Demand support: 126.7 → 122.5 * 🟣 Supply reaction zone: 130.7 → 132.5 * 🟢 Breakout target: 138 next if price clears 133.5 📈 Swing Plan: * Long on retest of 130 with support → ride it to 135–138. * Stop loss: under 126.7 demand zone. 📊 Intraday Scalp Plan: * ✅ Buy dips into 130 or 128.5 if price holds bullish structure. * ❌ Fade near 133.5–135 only if rejection shows — scalp short back to 130. Intraday, bias is bullish as long as we hold 130. But overbought conditions could cause a short-term pause or pullback. 🧠 Final Take PLTR is one of the few breakout names this week with clean GEX upside room and confirmed bullish structure. But you’re entering dealer territory, so don’t chase blindly. Look for controlled entries on pullbacks or base building above 130. ⚠️ Disclaimer: This is for educational purposes only, not financial advice. Always do your own research and manage risk before placing trades.