A couple weeks ago we talked about $NEBIUS(NBIS)$ bouncing off short-term support around 140.
After a ~70% move in about 14 days, this now checks my profit‑velocity box for an early exit.
If I were in this short term, I’d be closing here.
Could it squeeze toward $320? Sure.
But a move like this in such a short window is exceptional.
Letting greed take over after that kind of run is how people round-trip gains.
On the higher timeframe, price is pushing into a potential resistance zone around $260–$280.
If this turns into a lower high, we could very realistically see a move back down toward the $120 “smart money” zone over the next couple of months.
For clarity:
⏺ I do not have a position right now.
⏺ I am not outright bearish.
⏺ I would absolutely not short this name (unlike a certain someone we all know).
I just don’t like the short-term upside reward relative to the risk up here, especially if you were buying under $150.
As always, it’s your money and your decision.
I’ll be on the sidelines waiting to see if my levels get hit.
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