Is NBIS still causing trouble? $275 is the top of the stage After a recent surge of 76%, the stock price hit the institutional selling zone, and the short-term top has been established. Blindly chasing higher prices is easy to get beaten up. $250 is the life and death line of defense for bulls A massive turnover of 286 million shares has accumulated here. If we can hold on this week, the bulls can still reach a new high; Once lost, the long defensive line will collapse directly. 3. Drop below 250 and directly explore $180 As long as the support of $250 fails, the stock price is likely to plummet another 35% and head straight to $180. At this point, bears will start to take a break and short-term buying will also enter the market. 4. In the most extreme case, it could be cut in half to $120 If $180 cannot hold on, the market will experience an accelerated sharp decline, with the ultimate bottom target around $120-121 (equivalent to a 50% drop from the high point). 5. If you hit $120, you will be in the cash zone, and you can buy the bottom with a full position Once the stock price falls into the institutional super buy zone of $120, go ahead and invest heavily to buy long.