🚨 $NVDAUSDT — Biggest Week of the Year for NVIDIA. Here’s What Traders Must Know 🚨
NVIDIA is in the middle of a historic shock, and NVDAUSDT on Binance Futures trades 24/7, so you can react while the stock market is closed.
📰 What happened: Jensen Huang resigned as CEO and board member after reports of a relationship with an alleged Chinese spy.
CFO Colette Kress is now an interim CEO and keeps her CFO job.
NVDA closed at $166.19 on Nov 12 (-4.3%), after falling as much as 14.3% intraday. Nearly $500B in market value has been lost since last week.
Congress is pushing for answers. A closed-door briefing was requested for Nov 18.
Analysts are downgrading, e.g. Melius cut its target from $315 to $185.
📊 Chart Levels (underlying NVDA)
🔴 Support: ~$148.8 (Nov 12 intraday low)
⚪ Resistance: ~$173.7, then ~$181.6
🟢 Bullish reclaim: ~$200
Record close was ~$239 in early October. The price has dropped about 30% from the top.
🗓 The Big Catalyst: Earnings, Nov 17 (after close)
Revenue guidance: $105.8B–$110.2B (consensus ~$108.8B)
EPS consensus: ~$2.47–$2.49
Past 3 quarters all beat estimates. But this is Kress’s first call as interim CEO, so the market will watch the tone, the CEO search timeline and China exposure closely.
🎯 Scenarios
🐂 Bull: Strong beat + raised guidance + clear succession plan → relief rally toward $173–$182, and a break above $182 opens $200.
🐻 Bear: Weak guidance, no CEO clarity, or bad Congress headlines → retest of $148.8. A break below it could extend the slide.
⚖️ Neutral: Chop between $150–$175 while traders wait for news.
⚠️ Trader Notes
Expect extreme volatility around Nov 17. Wide spreads and sudden gaps are possible.
It is a leveraged derivative. Funding is paid every 8 hours. Use low leverage, a stop-loss, and small size.
Many traders reduce position size before earnings. Never risk more than you can afford to lose.
Which side are you on: Bull or Bear? 👇 Drop your view in the comments! Not financial advice. DYOR. $NVDA
NVIDIA is in the middle of a historic shock, and NVDAUSDT on Binance Futures trades 24/7, so you can react while the stock market is closed.
📰 What happened: Jensen Huang resigned as CEO and board member after reports of a relationship with an alleged Chinese spy.
CFO Colette Kress is now an interim CEO and keeps her CFO job.
NVDA closed at $166.19 on Nov 12 (-4.3%), after falling as much as 14.3% intraday. Nearly $500B in market value has been lost since last week.
Congress is pushing for answers. A closed-door briefing was requested for Nov 18.
Analysts are downgrading, e.g. Melius cut its target from $315 to $185.
📊 Chart Levels (underlying NVDA)
🔴 Support: ~$148.8 (Nov 12 intraday low)
⚪ Resistance: ~$173.7, then ~$181.6
🟢 Bullish reclaim: ~$200
Record close was ~$239 in early October. The price has dropped about 30% from the top.
🗓 The Big Catalyst: Earnings, Nov 17 (after close)
Revenue guidance: $105.8B–$110.2B (consensus ~$108.8B)
EPS consensus: ~$2.47–$2.49
Past 3 quarters all beat estimates. But this is Kress’s first call as interim CEO, so the market will watch the tone, the CEO search timeline and China exposure closely.
🎯 Scenarios
🐂 Bull: Strong beat + raised guidance + clear succession plan → relief rally toward $173–$182, and a break above $182 opens $200.
🐻 Bear: Weak guidance, no CEO clarity, or bad Congress headlines → retest of $148.8. A break below it could extend the slide.
⚖️ Neutral: Chop between $150–$175 while traders wait for news.
⚠️ Trader Notes
Expect extreme volatility around Nov 17. Wide spreads and sudden gaps are possible.
It is a leveraged derivative. Funding is paid every 8 hours. Use low leverage, a stop-loss, and small size.
Many traders reduce position size before earnings. Never risk more than you can afford to lose.
Which side are you on: Bull or Bear? 👇 Drop your view in the comments! Not financial advice. DYOR. $NVDA
