NVDA Daily Chart

NVIDIA NVDA continues to respect its long-term ascending channel (green zone), with price currently trading at $179.81 (+1.02%). After the recent pullback toward the mid-channel, buyers stepped back in, defending key moving averages and reclaiming short-term momentum.

- Support Levels
$177.25 (recent breakout zone, now first line of support)
$170.96 (gap-fill + mid-channel support)
$167.33 (critical higher-low level)
Below this, $164.65 and $154.14 are major swing supports.

- Resistance Levels:
$180.51 (near-term resistance; previous high rejection area)
Break and hold above $181.91 could open the path toward $188–$190.

- Momentum (RSI 58.44):
RSI has cooled off from overbought conditions in July.
Currently trending higher but not yet extended, leaving room for continuation.

*Bullish Scenario: A daily close above $181.91 would confirm breakout continuation, targeting $188–$190 near channel resistance.

*Bearish Scenario: Failure to hold $177.25 risks a pullback toward $171–167, where trend support and buyers are likely to step in.

Disclaimer: I am not a financial advisor. The information shared here is for educational and informational purposes only and should not be considered financial advice. Always do your own research and consult with a licensed financial professional before making investment decisions.