$NVDA is showing an interesting setup 👀
Nvidia has been making a strong recovery on the 1H chart after dropping toward the $215 area.
In the screenshot, NVDA is trading around $230.40, up 0.87%, after pushing as high as $234.75.
What caught my attention is the price action:
→ $215.10 acted as a recent low
→ Price recovered strongly toward $230+
→ $234.75 is the recent high and an important resistance area
→ After that spike, price pulled back and is now holding around $230
The key question now isn't simply whether NVDA can go higher.
It's whether buyers can defend the current levels and even