Nio looking to bounce to resistance levels from supportNio is at strong support zone.
Nio might be boucning back to 34.7 as min TP and then 36/37$ for short term here.
If Nio breaks yesterday's low then it would be better to close long positions as proability of Nio breaking support will increase.
Thus a tight stop loss at around 29.5 would be better while taking such position.
Trade safe, Enjoy.