NVDA Perpetual Contract Holds Near $231 as Momentum Signals Stay Neutral
Photo: TokenPost
The NVDAUSDT equity perpetual contract traded near $231 on Oct. 11 as neutral momentum readings left the market without a clear directional signal. Reported price targets associated with Simon Leopold and Joseph Moore put NVIDIA shares at $515 and $300, respectively. The contract traded at $230.86 at 7:50 a.m. ET (11:50 UTC), up 0.14% over 24 hours. Its intraday range was $230.42 to $230.89. Immediate resistance stood at $231.03, followed by stronger resistance at $231.19. Support was at $230.56, with stronger support at $230.25. The price was close to its 20-day simple moving average of $230.94 and the $230.72 pivot.
Source: TokenPost
