#NVIDIAEarnings

Technical analysis of NVDAXUSDT ahead of Nvidia's report
News came out today: Nvidia is launching Jetson Orin Nano 2 — inference performance has doubled compared with the previous generation. This is a positive fundamental factor that could support interest in the company's stock.

However, the chart of the NVDAXUSDT futures contract (perpetual) shows a mixed picture.

Current data (at the time of analysis):

· Price: ~214.18 USDT, +2.12% over 24h.
· 24h High: 214.75, Low: 209.69.

Indicators:

· EMA5 (214.36) and EMA10 (216.04), EMA20 (216.40) — the price is below all three short-term moving averages, indicating downward momentum over a 1–5-day horizon.
· EMA60 (212.03) and EMA200 (202.43) — the price remains above the long-term averages, and the medium-term trend remains upward.
· Bollinger Bands (20,2): upper 229.63, middle 220.04, lower 210.45. The price is near the lower band (approximately 3.7 points away) — a potential oversold zone.
· MACD (12,26,9): line -1.64, signal 2.29, histogram negative — a bearish signal, but the divergence is shallow.
· RSI (6) = 42.93, RSI (12) = 46.91 — both are below 50 but above 30, meaning there is no extreme oversold condition.

Conclusion:
The short-term trend remains downward, but the price has found support around 210–212 (yesterday's and today's lows). Positive product news could provide a reason for a rebound. The nearest resistance levels are 216.40 (EMA20) and 220.04 (the middle Bollinger Band). If volume holds, these levels could be tested over the next 1–2 sessions.

Forecast:
I expect consolidation in the 212–218 range, with a likely upward bias if the news gains further traction. A breakout above 216.40 would open the way to 220. The 210.45 level (the lower band) remains key support.

Recommendation: short-term traders should consider buying at current levels with a protective stop below 209.5, targeting 216–220. Medium-term traders should wait for a close above EMA20 to confirm a trend reversal.

$NVDAX ‌