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$NVDL A single -14.38% massive bearish candle smashed straight through $18, with the 24-hour low touching $16.34. At $17.32, this is an awkward spot—not a bottom-fishing entry, but a place to watch.


To put the technical picture plainly: the daily chart broke down on heavy volume, turning the previous support zone at $18.5–$19 into resistance. The 24-hour trading volume of 18.8M shows panic selling, but there is still no sign of selling volume drying up and the price stabilizing. The candlestick pattern is a classic long bearish candle on heavy volume near the highs, with no lower-wick support; this structure is likely to see further downside momentum the next day. The MACD fast line has just crossed below zero, and the RSI has plunged from overbought territory to around 35, but is not yet oversold. Don’t rush to catch a falling knife.
My trading rules are simple: at this level, neither chase shorts nor buy the dip—wait for one of two signals. First, if a low-volume doji or long lower wick appears on a retest of the $16.3–$16.5 previous-low zone, try a small long position, with a stop-loss below $15.8, position size no more than 20%, and an initial target at the $18.2 gap-fill level. Second, if a rebound to the $18.5–$19 resistance zone meets heavy volume but stalls, that’s a point to add to shorts, with a stop-loss at $19.5 and a target of $16.3. At the current mid-range level of $17.3, just wait—don’t trade.
When it comes to coin selection, I only trade assets with clear technical structures. The volatility of leveraged ETFs like NVDL is naturally amplified, so position size must be cut in half compared with spot, and stop-loss discipline must be even stricter than usual—never hold through a breakdown. That’s a hard rule. Don’t fool yourself with “it’s fallen so much, it has to rebound.” A technical breakdown is a breakdown; until the bearish moving-average alignment has fully played out, any rebound is a chance to get out, not a chance to get in.
Technical targets: $16.3 previous low below; if it breaks, watch $15.5. Rebound resistance above: $18.5–$19. At this level, if you’re itching to trade, keep your hands off and wait for my signal. Those who follow my pace know I only act after the structure is confirmed—I don’t guess bottoms or pick tops. #每周来晒 #Gate股票畅聊季
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NVDLNVDL+5.70%

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Comment 5
WhaleWatchTower
Have the top 100 addresses made any recent moves, or are they just trading on the secondary market? I can’t figure out what the major players are trying to do.
Perp Nightwatch
After watching this kind of breakdown in the overnight session, continued downside the next day is the norm. Wait for a volume contraction signal before acting.
Re-staking succulents
Leveraged ETFs layered with yield sound appealing, but if risk isolation in restaking isn’t handled properly, too much watering rots the roots first.
ScalpSurfer
The 15.8 stop-loss is set pretty far away. I usually set my surfboard at 3%; this wave is a bit rough.
DAppPermissionChecker
Unlimited approval? This post doesn’t mention a contract audit, so I locked my wallet first.