To The Moon

$NVIDIA(NVDA)$ $GraniteShares 2x Long NVDA Daily ETF(NVDL)$ $Direxion Daily NVDA Bear 1X Shares(NVDD)$ 🚀📊🔥 Nvidia on the Edge: My Call Today Is “No More Than 3% Decline” 🔥📊🚀

I’m calling it straight: $NVDA at $169.56 (-1.95%) just slipped under its 50-day MA at $171 for the first time since May, wiping out $340B in value in a four-day, -7% slide. Puts have overtaken calls on Mag 7 net drift, and institutions hedged with a $180C sell against a $190C buy. That pins near-term trading between $165 and $180, with deeper supports stacked at $160 and $145.

I’m mapping the harmonic deep crab into Christmas and the New Year 🦀. September and October are still primed for volatility with Fed moves, tariff noise, and Trump policy risk in play, but November’s heavy $170P sell order suggests a rebound setup as positioning flips into year-end.

Leverage confirms the stress: $NVDL is trading at $78.73 (-3.95%) and eyeing $67.50 support, while $NVDD sits at $4.35 (+1.89%) as bearish flows accelerate.

I’m convinced that even after the pullback, Nvidia is still +78% from its April lows and remains the world’s largest at $4.1T. Momentum has cooled but the structure isn’t broken. For today, I expect price to chop inside $165–$180, leaning toward a retest of the lower end before stabilising.

👉 My call today: No more than 3% decline.

I’m standing firm on this conviction: the volatility is noise, the range is defined, and today’s move will respect the structure I’ve laid out.

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Trade like a boss! Happy trading ahead, Cheers, BC 📈🚀🍀🍀🍀

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