🔍Analysis:
Following up from a previous breakdown, NVIDIA has now tapped into a high-probability Weekly Order Block (OB) just above the sell-side liquidity zone at $88.97. This level also aligns with a structural area of support, making it a prime zone for a potential bullish reversal.
Key signs:
Price is showing early signs of displacement from the OB.
If this zone holds, we could be looking at a 77% move back up to the buyside liquidity at $157.92.
Watch for a strong weekly candle close above $96.30 to confirm the bounce.
🛑 Invalidation:
If price fails to hold this OB and breaks below $88.97, expect a deeper move into the $76.06 zone.
💡 Summary:
Patience is key. We’re sitting on a solid base for a potential bullish push — now it’s all about the confirmation candle. 📊
DYOR — Don't just HODL, study the chart!
Following up from a previous breakdown, NVIDIA has now tapped into a high-probability Weekly Order Block (OB) just above the sell-side liquidity zone at $88.97. This level also aligns with a structural area of support, making it a prime zone for a potential bullish reversal.
Key signs:
Price is showing early signs of displacement from the OB.
If this zone holds, we could be looking at a 77% move back up to the buyside liquidity at $157.92.
Watch for a strong weekly candle close above $96.30 to confirm the bounce.
🛑 Invalidation:
If price fails to hold this OB and breaks below $88.97, expect a deeper move into the $76.06 zone.
💡 Summary:
Patience is key. We’re sitting on a solid base for a potential bullish push — now it’s all about the confirmation candle. 📊
DYOR — Don't just HODL, study the chart!
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。