NVIDIA | Technical Outlook
Market Structure
NVIDIA remains in a corrective phase after failing to sustain momentum above the $195–$200 region. The daily structure shows a broad consolidation range, while the H4 and H1 timeframes reflect lower highs forming, indicating short-term bearish pressure.
Recent selling pushed the stock back toward the $182–$183 area, where price is currently attempting to stabilize. However, moving averages across intraday charts are tilting lower, suggesting that upside momentum remains limited unless a strong breakout occurs.
Key Resistance Zone
The nearest resistance stands at $186 – $188, aligning with recent breakdown levels and short-term moving averages.
Additional resistance levels:
- $191 – $193
- $198 – $200 (major supply zone)
As long as NVDA trades below $188, recovery attempts may face renewed selling pressure.
Key Support Zone
Immediate support is located at $181 – $182, where buyers are currently defending price.
A breakdown below $181 could expose:
- $177 – $178
- $172 – $174 (major structural support)
Losing the $172 zone would likely accelerate bearish momentum on the higher timeframes.
Expectations
Bearish Scenario (Primary)
If price remains below $188 and breaks under $181, further downside toward $177 and potentially $172 becomes likely.
Bullish Scenario (Alternative)
A sustained move above $188 would signal short-term strength, opening the door toward $193 and possibly the key $198–$200 resistance zone.
Outlook
NVIDIA is currently in a short-term corrective phase within a broader consolidation structure. Sellers remain in control below $188, while a decisive break above that level would be required to shift momentum back to the upside.
