$NVDA at a Decision Point: Hold Support or Drop Lower?

37
NVDA is at one of those moments where patience matters more than prediction.

The 1H chart tells an interesting story. After a powerful impulsive rally that pushed the price from the $205 area to above $214, buyers looked firmly in control. Volume expanded, momentum accelerated, and it felt like a breakout was beginning.

The price is currently hovering around the $206-$207 region, where buyers have started showing interest. If $206 fails to hold, short-term momentum could shift in favor of sellers, and most likely $195-200 is coming.

However, if buyers defend support and build another higher low, I wouldn't be surprised to see another attempt toward $210, followed by a retest of the recent high around $214.

Key level to watch:
Support: Around $206-$207, where buyers need to step in.
Resistance: Around $210-$214, where sellers previously regained control.
Bullish scenario: Hold current support, form a higher low, then retest recent highs.
Bearish scenario: A strong volume loss of support could lead to a deeper retracement before buyers return.

What should we watch now before taking a position?

Nvidia continues to sit at the center of the AI revolution. As the dominant supplier of GPUs that power most large-scale AI training and inference workloads, Nvidia has become one of the most important companies in the technology sector.

Fundamentally, the long-term demand story remains strong:

• Explosive growth in AI data center spending
• Expanding use cases beyond training into inference, robotics, and autonomous systems
• High margins and pricing power in a market with limited high-performance alternatives

So NVDA is a perfect one to invest in for the long-term and am gonna invest in it through Bitget rToken, rNVDA.

Well, we can invest through NVDA stock, so why rNVDA. Because if you buy a stock, you need to hold it ideally until it comes to your TP zone. You won't be able to do anything with it.

However, with Bitget rToken, you can use your holdings as margin and collateral, giving your capital more flexibility instead of limiting it to a single purpose of just holding & waiting.

Also, Bitget is giving me the flexibility to trade 24/7. NVDA guidance dropped on a Saturday. By the time traditional brokers opened Monday, the gap had already played out. But with Bitget I can trade rNVDA anytime I want.

For now, if the price starts to move up, I will open a short position:
Entry: $208.50-211.50
SL: $212.50
TP1: $207.50; TP2: $205.00; TP3: $200.00

If the price goes down, I will wait patiently to get it at my zone to start a long position:
Entry: $197.50–$202.
SL: $193.75
TP1:$205.50; TP2:$207.46; TP3:$210.00

Overall, I don't think this chart is screaming "buy now" or "sell now." Instead, it's showing a market that's digesting a sharp move and preparing for its next decision. Whichever side wins this battle will likely dictate the short-term trend.

What's your take on NVDA? Feel free to share.


#Bitget #rToken #NVDA #AI #USStocks #TradingView #TechnicalAnalysis #NVIDIA

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.