🚨 NVDAB first plunged to $149.23, then bounced back to around $169—volatility is through the roof!
But here’s the interesting part: the original text simultaneously shows +2.9% over 24H, around -6%, and around +5%; the figures need verification. In the short term, it’s down 3.9% over 5m and 3.3% over 1h, while trading volume has surged to 7.6×, and retail traders are instead bearish by 1.2×.
📊 What does this mean? The rebound after the news-driven shock is very strong, but those who chase it may be buying right at the peak of market sentiment. Getting the direction right doesn’t necessarily mean making money.
🎯 Key levels:
Resistance: 169.72 / 173.67
Support: 157 / 149.23
A high-volume hold above 173.67 would make the rebound look more like a breakout; a drop below 157 would mean the rebound thesis needs to be reassessed.
My take: There’s a short-term rebound, but absolutely don’t blindly chase the highs! Until the data is reconciled, I’d stay cautious. If it fails to break higher and falls below 157, watch out for a long squeeze.
Do you think NVDAB will break through 173.67 next, or retest 157? 👇
#NVDAB #NVDA
But here’s the interesting part: the original text simultaneously shows +2.9% over 24H, around -6%, and around +5%; the figures need verification. In the short term, it’s down 3.9% over 5m and 3.3% over 1h, while trading volume has surged to 7.6×, and retail traders are instead bearish by 1.2×.
📊 What does this mean? The rebound after the news-driven shock is very strong, but those who chase it may be buying right at the peak of market sentiment. Getting the direction right doesn’t necessarily mean making money.
🎯 Key levels:
Resistance: 169.72 / 173.67
Support: 157 / 149.23
A high-volume hold above 173.67 would make the rebound look more like a breakout; a drop below 157 would mean the rebound thesis needs to be reassessed.
My take: There’s a short-term rebound, but absolutely don’t blindly chase the highs! Until the data is reconciled, I’d stay cautious. If it fails to break higher and falls below 157, watch out for a long squeeze.
Do you think NVDAB will break through 173.67 next, or retest 157? 👇
#NVDAB #NVDA