Signal NVIDIA Sell — H4 - June 4, 2026 11:14 GMT-4
On the H4 timeframe for NVIDIA, the price has been consolidating within a descending channel since the bullish breakout from 199.92 to 224.84 in late May. Recent candles show a failed attempt to retest key resistance at 224.31, with the price retreating to 214.27, a critical support level. The volume on the latest candles has contracted significantly, indicating diminished buying pressure and potential exhaustion of the uptrend. The current structure suggests a bearish reversal setup, with the close below 214.27 confirming the breakdown of the consolidation phase. The pair appears to be testing lower highs, with the 215.59 entry level…