Signal NVIDIA Sell — H1 - June 3, 2026 05:03 GMT-4
The H1 chart of NVIDIA exhibits a clear downtrend with multiple lower highs and lows, consolidating near key support at 222.88. Recent price action has tested resistance at 224.56 repeatedly, failing to break above and forming a descending pattern. The close at 222.88 coincides with a consolidation phase following a sharp decline, suggesting potential for further downside. Volume remains moderate at 5693, aligning with the strength of the sell setup as it reflects consistent selling pressure without excessive indecision. The price is currently below the 20-period moving average, reinforcing the bearish bias. Key resistance levels above 224.56 may act as…