NVDA DOWN PUMP 📉 — TEMPORARY DIP OR BIGGER FALL?
$NVDA saw a sharp drop from $215.90 to around $209, with the chart showing strong short-term selling pressure. The $208–$208.25 zone is an important area to watch.
If price holds this zone and reclaims $211.40, a recovery toward $213–$215 could develop. But a clear break below support may bring further weakness.
Longer term, strong AI demand remains a key positive factor, while the upcoming earnings report on August 26 could be an important catalyst.
What do you think — recovery or another leg down? 👀#SP500FuturesFall #SamsungFalls8.97%DraggingKospiDown3.24% #BrentDrops1.87% #BitcoinOpenInterestFallsToTwoMonthLow #SP500FuturesFall
$NVDA saw a sharp drop from $215.90 to around $209, with the chart showing strong short-term selling pressure. The $208–$208.25 zone is an important area to watch.
If price holds this zone and reclaims $211.40, a recovery toward $213–$215 could develop. But a clear break below support may bring further weakness.
Longer term, strong AI demand remains a key positive factor, while the upcoming earnings report on August 26 could be an important catalyst.
What do you think — recovery or another leg down? 👀#SP500FuturesFall #SamsungFalls8.97%DraggingKospiDown3.24% #BrentDrops1.87% #BitcoinOpenInterestFallsToTwoMonthLow #SP500FuturesFall
