📊 NVDA – Bulls Are Trying to Regain Control! 🚀
NVIDIA ($NVDA ) is showing signs of recovery after a sharp drop toward the $165.89 support zone.
Currently trading around $172.94 (+2.40%), the stock has bounced back, but the question is: Can bulls maintain this momentum?
🔍 30M Technical Analysis
- Current Price: $172.94
- MA(7): $174.52
- MA(25): $172.09
- MA(99): $178.20
📈 Key Levels to Watch
🟢 Support: $170.80 – $172.00
🟢 Major Support: $165.89
🔴 Resistance: $174.50 – $176.90
🔴 Major Resistance: $178.20
My Market View:
Price is currently hovering around MA(25), while MA(99) remains overhead resistance.
If buyers reclaim $174.50 and sustain above it, we could see another attempt toward $176.90 and potentially $178.20.
However, rejection around $174.50 could bring sellers back into control, putting $170.80 under pressure.
⚡ Bullish above $174.50 | Cautious below $170.80
Remember: Wait for confirmation instead of chasing candles. Manage your risk wisely.
What's your view? NVDA to $180 or back to $165? 👇
#NVIDIA $NVDA
NVIDIA ($NVDA ) is showing signs of recovery after a sharp drop toward the $165.89 support zone.
Currently trading around $172.94 (+2.40%), the stock has bounced back, but the question is: Can bulls maintain this momentum?
🔍 30M Technical Analysis
- Current Price: $172.94
- MA(7): $174.52
- MA(25): $172.09
- MA(99): $178.20
📈 Key Levels to Watch
🟢 Support: $170.80 – $172.00
🟢 Major Support: $165.89
🔴 Resistance: $174.50 – $176.90
🔴 Major Resistance: $178.20
My Market View:
Price is currently hovering around MA(25), while MA(99) remains overhead resistance.
If buyers reclaim $174.50 and sustain above it, we could see another attempt toward $176.90 and potentially $178.20.
However, rejection around $174.50 could bring sellers back into control, putting $170.80 under pressure.
⚡ Bullish above $174.50 | Cautious below $170.80
Remember: Wait for confirmation instead of chasing candles. Manage your risk wisely.
What's your view? NVDA to $180 or back to $165? 👇
#NVIDIA $NVDA
