Is $NVDAB cooling off, or setting up for its next move?
Trading at $161.07 down 2.58% with $164.39M in daily volume, the asset sits inside a wide 23-hour range of $159.10 to $171.59. Volume relative to the hourly average sits near 1.07x alongside a minor 0.21% uptick on the final hourly close.
A bullish continuation scenario depends on reclaiming momentum toward the upper boundary of $171.59. Conversely, a drop below the $159.10 low invalidates this setup and signals mounting downside risk.
Will buyers defend the low end of the range, or will the breakdown level trigger further selling pressure?
Tap $NVDAB for the live chart. #NVDAB #BinanceSquare
Trading at $161.07 down 2.58% with $164.39M in daily volume, the asset sits inside a wide 23-hour range of $159.10 to $171.59. Volume relative to the hourly average sits near 1.07x alongside a minor 0.21% uptick on the final hourly close.
A bullish continuation scenario depends on reclaiming momentum toward the upper boundary of $171.59. Conversely, a drop below the $159.10 low invalidates this setup and signals mounting downside risk.
Will buyers defend the low end of the range, or will the breakdown level trigger further selling pressure?
Tap $NVDAB for the live chart. #NVDAB #BinanceSquare