NVIDIA | Technical Outlook
Market Structure
NVIDIA remains in a broader bullish structure on the higher timeframes, despite recent volatility and sharp intraday swings.
The daily trend continues to show higher highs and higher lows, indicating that the long-term uptrend is still intact.
On the H4 and H1 timeframes, NVDA experienced a strong impulsive decline followed by a clear recovery phase, with price reclaiming key moving averages and stabilizing above an important horizontal level near $183.00.
Lower timeframes (M15) show short-term consolidation, suggesting the market is digesting recent gains rather than initiating a fresh selloff.
Overall, price action favors trend continuation, not a corrective breakdown.
Key Resistance Zone
The nearest resistance is defined by the recent reaction highs and prior supply zone:
- $186.50 – $188.00 (immediate resistance)
- $190.00 – $192.00 (major short-term upside target)
A clean breakout and hold above $188.00 would confirm renewed bullish momentum and open the door toward higher daily resistance.
Key Support Zone
Strong demand has formed around the following support areas:
- $183.00 – $182.00 (key structural support)
- $179.50 – $178.00 (major downside protection zone)
As long as price remains above $182.00, the bullish structure remains valid. A sustained break below $178.00 would be required to shift the medium-term bias.
Expectations
Bullish Scenario (Primary)
If NVDA continues to hold above $183.00, buyers are likely to maintain control.
A breakout above $188.00 could accelerate price toward:
- $190.00
- $192.00
Momentum remains constructive as long as higher lows continue to form on the intraday charts.
Bearish Scenario (Alternative)
A failure to hold $182.00 could trigger a deeper pullback toward:
- $179.50
- $178.00
However, this scenario would still be considered a retracement within an uptrend, unless price decisively breaks below $178.00.
Outlook
NVIDIA remains technically strong, with buyers successfully defending key support levels across multiple timeframes.
The broader trend stays bullish, while short-term consolidation suggests preparation for the next directional move rather than trend exhaustion.
As long as NVDA holds above $182.00, upside continuation toward $188.00 – $192.00 remains the higher-probability outcome.
