$XPD USDT (Palladium) Technical Analysis
Palladium is showing more resilient price action compared to Platinum, currently oscillating within a tightening range.
Current Price: ~$1,921
1D Trend: Neutral/Bullish. The overall structure remains bullish as long as it stays above the $1,850 mark.
Indicators:
RSI (14): 50.7 (Perfectly neutral). This indicates the market is waiting for a catalyst—likely the high-volume trading following today's Binance listing.
MACD: Currently flashing a neutral signal, hovering near the zero line.
Key Levels:
Immediate Support: $1,888 (Recent swing low).
Major Resistance: $1,948 and the mid-term target of $2,158 (the breakout point of a recent symmetric triangle).
4H Outlook: The 4H chart shows a Symmetric Triangle pattern. A breakout above $1,950 with high volume would likely trigger a fast move toward $2,050. Conversely, a drop below $1,880 would invalidate the bullish.