$NVDA ๐ฅ SHORT 50X | SELL THE SUPPLY
Entered #NVDA directly into the supply zone 232.38โ232.87.
Here the real test begins.
The SHORT is now active, but the zone must prove itself first โ rejection is the confirmation, not just touching the zone.
๐ ENTRY: 232.38227 โ 232.87430
๐ฏ TP1: 230.85699
๐ฏ TP2: 229.67612
๐ฏ TP3: 227.90482
๐ SL: 234.99001
Why the short? ๐
๐ป 4H: the structure is still maintaining the bearish scenario.
๐ป Daily: price is still range-bound, moving slowly inside the supply zone near 232.62828.
๐ป RSI 15M = 54: neutral momentum, so there is no reason to chase price.
โ ๏ธ But pay attention to volume:
Volume = 0.31x
1.69K vs 5.51K expected.
This means participation is weak โ and volume is not giving strong confirmation for the short yet.
The zone is there.
The structure supports the idea.
But we need a clear rejection before the trade becomes high-conviction.
โ Above 234.99001 = invalidation of the scenario.
๐ฏ And below the zone, the targets become clear: 230.86 โ 229.68 โ 227.90
No chase. Wait for rejection. Then let the move work. ๐
#BitcoinEthereumHitMultiMonthHighs $NVDA #BitcoinEthereumHitMultiMonthHighs #ๆฏ็นๅธ็ช็ ด8ไธ็พๅ #USAugustNonfarmPayrollsDueToday
Entered #NVDA directly into the supply zone 232.38โ232.87.
Here the real test begins.
The SHORT is now active, but the zone must prove itself first โ rejection is the confirmation, not just touching the zone.
๐ ENTRY: 232.38227 โ 232.87430
๐ฏ TP1: 230.85699
๐ฏ TP2: 229.67612
๐ฏ TP3: 227.90482
๐ SL: 234.99001
Why the short? ๐
๐ป 4H: the structure is still maintaining the bearish scenario.
๐ป Daily: price is still range-bound, moving slowly inside the supply zone near 232.62828.
๐ป RSI 15M = 54: neutral momentum, so there is no reason to chase price.
โ ๏ธ But pay attention to volume:
Volume = 0.31x
1.69K vs 5.51K expected.
This means participation is weak โ and volume is not giving strong confirmation for the short yet.
The zone is there.
The structure supports the idea.
But we need a clear rejection before the trade becomes high-conviction.
โ Above 234.99001 = invalidation of the scenario.
๐ฏ And below the zone, the targets become clear: 230.86 โ 229.68 โ 227.90
No chase. Wait for rejection. Then let the move work. ๐
#BitcoinEthereumHitMultiMonthHighs $NVDA #BitcoinEthereumHitMultiMonthHighs #ๆฏ็นๅธ็ช็ ด8ไธ็พๅ #USAugustNonfarmPayrollsDueToday
