NVIDIA | Daily Technical Outlook
Market Structure
NVIDIA stock continues to trade under noticeable bearish pressure after failing to sustain its previous recovery attempts.
The broader structure remains weak, with the price struggling to break above the $181 zone-a key level that has repeatedly rejected upside momentum.
After a prolonged downtrend from the $210 – $215 region, NVIDIA attempted to stabilize around $175, but recent sessions show renewed selling activity.
Lower timeframes highlight sideways consolidation with a bearish tilt, suggesting buyers lack conviction while sellers control momentum.
As long as NVIDIA stays below major resistance, the stock remains vulnerable to further downside.
Key Resistance Zone
Immediate resistance is located at:
- $181 – $183 (primary rejection zone)
- $188
- $195 – $198 (major structural resistance)
A sustained move above $183 is required to shift short-term momentum in favor of the bulls.
Below this level, all rallies remain corrective rather than trend-shifting.
Key Support Zone
NVIDIA is currently holding above short-term support at $176 – $177, but pressure is increasing.
If this zone breaks, lower targets become active:
- $172
- $168 – $170 (important medium-term support)
- $162 – $164 (major bearish continuation zone)
A breakdown below $162 would expose NVIDIA to deeper declines and confirm a continuation of the broader downtrend.
Expectations
Bearish Scenario (Primary)
As long as NVIDIA trades below $183, bearish momentum remains dominant.
A breakdown below $176 would likely trigger further declines toward:
- $172
- $168 – $170
A stronger selloff may drive price toward $164.
Bullish Scenario (Alternative)
A bullish shift will only begin if NVIDIA reclaims $183 on strong volume.
Upside targets would then include:
- $188
- $195 – $198
- $205 (trend reversal confirmation level)
Until $183 is broken, any upward movement should be seen as corrective.
Outlook
NVIDIA remains under bearish influence, struggling to regain momentum after repeated failures at key resistance levels.
The broader structure continues to favor sellers unless price can decisively clear $183.
A break below $176 could accelerate downside movement toward deeper support zones.
