NVIDIA | Technical Outlook
Market Structure
NVIDIA stock remains under sustained bearish pressure across all timeframes, with price continuing to print lower highs and lower lows following the rejection from the $195–$200 region. The recent decline has been steady and controlled, with moving averages aligned to the downside, confirming trend continuation rather than a temporary pullback.
On the lower timeframes, price shows signs of short-term exhaustion near recent lows; however, no clear bullish structure has formed yet. The H4 and Daily charts still reflect a broader corrective phase, with sellers maintaining control unless a meaningful recovery unfolds.
Key Resistance Zone
The nearest resistance is located at $175 – $178, where recent minor rebounds have struggled to gain traction.
Additional resistance levels:
$180 – $183 (H4 supply and moving average confluence)
$188 – $192 (major structural resistance)
As long as price remains below $178, bearish pressure is likely to persist.
Key Support Zone
Immediate support lies at $170 – $172, where price is currently attempting to stabilize.
A breakdown below this zone would expose further downside targets:
$168
$162 – $165 (major demand zone)
A sustained move below $162 would confirm continuation of the broader bearish trend.
Expectations
Bearish Scenario (Primary)
The prevailing trend remains bearish while price trades below $178.
A break below $170 would likely trigger further downside toward $168, with potential extension toward $162 – $165.
Bullish Scenario (Alternative)
A recovery above $178 would signal short-term strength, opening the door toward:
$180 – $183
$188+ if bullish momentum strengthens
However, a broader reversal requires reclaiming higher timeframe resistance levels.
Outlook
NVIDIA remains in a clear downtrend, with continued selling pressure dominating the market structure. While price is attempting to stabilize near current support, the absence of a confirmed reversal keeps the outlook tilted to the downside unless key resistance levels are decisively reclaimed.
