Signal NVIDIA Sell — H1 - June 2, 2026 20:34 GMT-4
NVIDIA (NVDA) on H1 timeframe shows a clear bearish structure with key support at 222.88 and resistance at 228.7. The recent price action has formed a descending pattern, with consecutive lower closes and declining highs indicating a losing trend. The last candle closed at 222.88, a critical level where the price found traction after a sharp decline, suggesting potential for a reversal. Volume at this level was moderate (5693), aligning with the consolidation phase following a strong downtrend. The prior high of 228.7 acts as a psychological resistance, and the price's rejection there confirms the bearish bias. Momentum indicators like…