NVDA is showing a potential bearish setup after reaching a major resistance zone between 229.71 and 236.30.
Price is currently showing rejection near the upper resistance area, which could indicate a possible shift in short-term momentum.
Key Levels
236.30 — Major resistance / invalidation area
229.71 — Key resistance
217.41 — First downside target
212.33 — Second downside target
195.93 — Extended downside target
Bearish Scenario
If NVDA fails to reclaim and hold above the 229.71–236.30 resistance zone, the next potential downside levels to watch are:
217.41 → 212.33 → 195.93
A sustained move above the resistance zone would weaken or invalidate this bearish scenario.
This is a technical-analysis scenario, not financial advice. Always manage risk and wait for confirmation before taking a position.
Price is currently showing rejection near the upper resistance area, which could indicate a possible shift in short-term momentum.
Key Levels
236.30 — Major resistance / invalidation area
229.71 — Key resistance
217.41 — First downside target
212.33 — Second downside target
195.93 — Extended downside target
Bearish Scenario
If NVDA fails to reclaim and hold above the 229.71–236.30 resistance zone, the next potential downside levels to watch are:
217.41 → 212.33 → 195.93
A sustained move above the resistance zone would weaken or invalidate this bearish scenario.
This is a technical-analysis scenario, not financial advice. Always manage risk and wait for confirmation before taking a position.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.