$NVDAB
) — The Recovery Battle Is Not Over Yet!
I've been watching NVIDIA, and this pullback is getting interesting. NVDAB is trading at $163.68, down 6.11% over 24 hours. Sellers are clearly putting pressure on the market, but I don't want to blindly chase the downside. The next reaction around support will be crucial. A rejection from resistance could create another short opportunity, while a strong recovery could change the picture. Now comes the real test: can buyers defend the lower levels?
Support: $160 / $156
Resistance: $166 / $170
Entry: $165–$167 (Short)
TP1: $162
TP2: $158
TP3: $154
Stop Loss: $171
Pro Tip: Wait for rejection confirmation before entering
) — The Recovery Battle Is Not Over Yet!
I've been watching NVIDIA, and this pullback is getting interesting. NVDAB is trading at $163.68, down 6.11% over 24 hours. Sellers are clearly putting pressure on the market, but I don't want to blindly chase the downside. The next reaction around support will be crucial. A rejection from resistance could create another short opportunity, while a strong recovery could change the picture. Now comes the real test: can buyers defend the lower levels?
Support: $160 / $156
Resistance: $166 / $170
Entry: $165–$167 (Short)
TP1: $162
TP2: $158
TP3: $154
Stop Loss: $171
Pro Tip: Wait for rejection confirmation before entering