NIO: Price can find support

NIO broke below $5, extending a ~30% slide over the past month.
Pressure came after earnings showed a slight revenue miss and cautious delivery guidance — enough for bears to push the stock to new lows.

But the chart isn’t all doom:
→ price is testing the lower boundary of the 2025 ascending channel
→ yesterday opened with a bullish gap, signaling buyers may be stepping in around the key $5 level

If bulls manage to defend this zone, the trend could stabilize — with further direction depending on momentum for ONVO & Firefly heading into 2026.