Daily TA - NVDA

NVDA at a Crossroads – SMA55 Under Pressure

NVDA is currently navigating a high-stakes technical environment. While the primary trend remains structurally bullish above the SMA200, the intermediate picture is shifting. Price action has entered a structured corrective phase, confirmed by a Bearish Sequencer count of 5 and a transition to a Neutral (Orange) DBS state.

With the RSI at 49.3, momentum has slipped below the critical 50-centerline, suggesting sellers have the short-term edge. All eyes are now on the SMA55 at 183.42; a failure to hold this level could trigger a deeper slide toward the 170 support zone. Conversely, a high-volume reclaim of 190 is required to signal that the correction has bottomed.

Key levels to watch:

• Support: 183.42 | 170.00

• Resistance: 190.00 | 195.00