Price action is testing a key local equilibrium as tight consolidation hints at an upcoming expansion phase. Order flow suggests institutional participants are positioning for the next directional break.
$NVDA – LONG
Entry: 218.70–218.80
SL: 216.00
TP1: 219.10
TP2: 219.35
TP3: 219.46
Price is holding firm above the established intraday support base while volume compression builds pressure for a liquidity sweep toward higher resistance levels. Market structure maintains an upward bias as buyers aggressively defend minor pullbacks.
$NVDA – LONG
Entry: 218.70–218.80
SL: 216.00
TP1: 219.10
TP2: 219.35
TP3: 219.46
Price is holding firm above the established intraday support base while volume compression builds pressure for a liquidity sweep toward higher resistance levels. Market structure maintains an upward bias as buyers aggressively defend minor pullbacks.
