NVIDIA | Technical Outlook
Market Overview
NVIDIA is showing signs of bullish stabilization after a corrective decline, with price rebounding strongly from recent lows and reclaiming key intraday moving averages. The recovery move has shifted short-term momentum back to the upside, while higher timeframes suggest the stock is attempting to rebuild bullish structure rather than completing a simple oversold bounce.
On the H1 and H4 charts, NVDA has formed a higher low and pushed back above former consolidation levels, indicating improving buyer control. However, the stock is now approaching a critical resistance zone that will determine whether the recovery can extend further.
Key Resistance Levels
Immediate resistance is located at:
$183.50 – $185.00
This zone represents:
- Prior H4 supply
- A former breakdown level
- Confluence with short-term resistance from previous swing highs
A sustained break and hold above $185.00 would confirm trend continuation and open the path toward:
- $189.50
- $195.00 (major daily resistance)
As long as price remains capped below this zone, upside momentum may slow or consolidate.
Key Support Levels
Immediate support is found at:
$179.00 – $177.50
This area aligns with:
- Rising H1 moving averages
- The most recent bullish breakout structure
- Short-term demand created during the rebound
If price breaks below $177.50, downside risk increases toward:
- $173.00
- $168.50 (major daily support)
A clean break down below this level would invalidate the current bullish recovery structure.
Expectations
Bullish Scenario (Preferred While Above Support)
As long as NVDA holds above $177.50, the bullish recovery remains intact, with potential upside toward:
- $185.00
- $189.50
Shallow pullbacks into support are likely to attract buyers while structure remains intact.
Bearish Scenario (Only If Structure Fails)
A sustained break below $177.50 would signal loss of bullish control, opening a corrective move toward:
- $173.00
- $168.50
This scenario requires clear acceptance below support, not a brief intraday spike.
Overall Outlook
NVIDIA is transitioning from a corrective phase into a potential bullish continuation, supported by improving structure across intraday and higher timeframes. While resistance overhead may limit immediate upside, the broader bias favors higher prices unless key support levels fail.
Price behavior between $177.50 support and $185.00 resistance will define the next directional move.
