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PLTR experienced a 12% decline in the last 24 hours, and its price is below the 20‑ and 50‑day moving averages, while the MACD is negative and below the signal line. The RSI sits at 22.8, placing it in the oversold region, which could signal a short‑term reversal. However, the current momentum and the price remaining below the averages support a short‑term downtrend. Considering investors’ risk tolerance, there is a high likelihood that the price will continue to fall over a 1‑3 day period. In the absence of fundamental news, technical indicators reinforce this direction.