$NVDAB volume contracts to 0.45x average as price consolidates near $217.22.
Volume is drying up during this tight -0.15% daily drift, signaling a typical pause after testing a 23-hour high of $219.72.
For a bullish continuation scenario, watch for a sustained move back above the $219.72 high on expanding volume. Conversely, an invalidation scenario comes into play if selling pressure accelerates below the $213.07 low.
Will buyers defend the recent range before a test of $213.07, or will volume expand downward first?
Tap $NVDAB for the live chart. #NVDAB #BinanceSquare
Volume is drying up during this tight -0.15% daily drift, signaling a typical pause after testing a 23-hour high of $219.72.
For a bullish continuation scenario, watch for a sustained move back above the $219.72 high on expanding volume. Conversely, an invalidation scenario comes into play if selling pressure accelerates below the $213.07 low.
Will buyers defend the recent range before a test of $213.07, or will volume expand downward first?
Tap $NVDAB for the live chart. #NVDAB #BinanceSquare