$NVIDIA(NVDA)$ is coiled in a tight consolidation zone after cooling off from recent highs near $236. While the broader trend remains upward, the short-term chart is at a crucial decision point.
The Bullish Path to $250 As long as buyers hold the line at the $208–$210 pocket, market structure favors a continuation move. A clean break back above $225 on heavy volume sets up a squeeze toward $245–$250.
The Bearish Pullback to $195 If price breaks down and logs a daily close below $202.50, the short-term bullish thesis gets invalidated. Expect a fast flush down to $195–$198 to fill the lower liquidity gap before the next major leg up.
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