The FOMC reaction created a sharp pullback in NVDA, but buyers stepped back in quickly. Now price is back around $220, and this is where I think the next move starts to become interesting.
📊 My setup
On the daily chart, NVDA is trading around $220.42 inside an upward channel.
The first level I’m watching is $222.08. A clean break and hold above that level would give me more confidence that buyers are ready to push the stock higher.
If that happens, my next area of interest is around $243, which lines up with the upper part of the channel.
I’m not interested in buying just because price is moving up. I want confirmation first.
⚠️ What would change my view?
The level I’m watching on the downside is $215.62. If NVDA loses that area and starts trading below the lower part of the channel, I’d step back and reassess the setup instead of forcing a trade.
The FOMC decision also reminds me why these levels matter. The Fed raised rates by 25bps to 3.75%–4.00% on Sept. 16, and the following session saw a broad tech-led rebound.
💡 Why I’d trade this on Bitget
For an event-driven setup like NVDA, I want flexibility. Bitget gives me access to NVDAUSDT stock perps 24/7, so I’m not limited to the traditional U.S. stock market hours. Bitget also supports both long and short positions, which gives me a way to trade either direction when the setup changes.
Another thing I like is having Stocks, CFDs and Crypto on the same platform instead of moving between different exchanges when the market changes. Bitget’s stock perps are USDT-margined, so I can manage the position from the same trading environment I already use for crypto.
Liquidity matters too, especially around major U.S. market events. The campaign’s comparison highlights Bitget’s U.S. stock perp liquidity against Binance, OKX, Bybit and Hyperliquid. For me, that matters because a good setup is only useful if I can execute it properly.
🎯 My plan
Above $222.08 → watch for continuation toward $243.
Below $215.62 → bullish setup needs to be reassessed.
For now, I’m waiting for price to show me which level it wants to break rather than predicting the move.
Not financial advice
📊 My setup
On the daily chart, NVDA is trading around $220.42 inside an upward channel.
The first level I’m watching is $222.08. A clean break and hold above that level would give me more confidence that buyers are ready to push the stock higher.
If that happens, my next area of interest is around $243, which lines up with the upper part of the channel.
I’m not interested in buying just because price is moving up. I want confirmation first.
⚠️ What would change my view?
The level I’m watching on the downside is $215.62. If NVDA loses that area and starts trading below the lower part of the channel, I’d step back and reassess the setup instead of forcing a trade.
The FOMC decision also reminds me why these levels matter. The Fed raised rates by 25bps to 3.75%–4.00% on Sept. 16, and the following session saw a broad tech-led rebound.
💡 Why I’d trade this on Bitget
For an event-driven setup like NVDA, I want flexibility. Bitget gives me access to NVDAUSDT stock perps 24/7, so I’m not limited to the traditional U.S. stock market hours. Bitget also supports both long and short positions, which gives me a way to trade either direction when the setup changes.
Another thing I like is having Stocks, CFDs and Crypto on the same platform instead of moving between different exchanges when the market changes. Bitget’s stock perps are USDT-margined, so I can manage the position from the same trading environment I already use for crypto.
Liquidity matters too, especially around major U.S. market events. The campaign’s comparison highlights Bitget’s U.S. stock perp liquidity against Binance, OKX, Bybit and Hyperliquid. For me, that matters because a good setup is only useful if I can execute it properly.
🎯 My plan
Above $222.08 → watch for continuation toward $243.
Below $215.62 → bullish setup needs to be reassessed.
For now, I’m waiting for price to show me which level it wants to break rather than predicting the move.
Not financial advice
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.