Palantir Technologies Inc. (PLTR) has been trading sideways within a narrow range during recent intraday trading after encountering resistance at its 50-day Simple Moving Average (SMA), which halted its recent rebound attempt aimed at correcting the primary medium-term downtrend. Price action continues to follow a descending trendline that reinforces the prevailing bearish trend. Meanwhile, momentum indicators have started generating fresh bearish signals after reaching extremely overbought levels, adding to the negative pressure surrounding the stock.

Therefore, our outlook remains bearish for the stock's upcoming trading sessions, as long as resistance at $138.90 remains intact. Under this scenario, the stock is expected to target its first support level at $122.65.

Today's price forecast: Bearish.

Ethereum (ETHUSD) is experiencing fluctuating trading on its last intraday levels, attempting to gain bullish momentum to help it breach the key resistance level at $1,935, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the chances of moving higher, especially with the emergence of positive overlapping signals on the relative strength indicators, after offloading its overbought conditions, opening the way for extending these gains.

Brent crude oil settles on strong gains on its last intraday levels amid the dominance of the bullish corrective trend on the short-term basis, with the continuation of the positive support that comes from its trading above EMA50, on the other hand, negative overlapping signals appear on the relative strength indicators, after reaching overbought levels, which might reduce the last upside moves due to its neediness to offload some of this overbought conditions.

The price of Bitcoin rose slightly in its last intraday trading, attempting to recover after a wave of losses by offloading its overbought conditions on the relative strength indicators, entering severe oversold levels compared to the price move, as a clear signal for a new bullish momentum that might push it to extend these gains in the near upcoming period, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this path.