NBIS: Updated Chart & New Key Level to Watch

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Nebius came very close to my S3 level before catching a small bounce, but this support remains critical. If it fails, I believe we’ll be looking at a move into the teens, with S4 and my revised PT now set at $17.55.

Given overall bearish market sentiment, I think there’s more downside ahead, and I’ll be starting a position at S4 if we get there. Watching closely to see how this plays out.

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