$NVDA Setup Watching the Range

NVDA is sitting at an important decision zone on the 1H chart after its strong run over the past couple of weeks. Instead of continuing straight higher, price has started consolidating around the $224–$227 area a setup that looks more interesting than chasing the previous move.

Key levels:

Resistance: $226.50 – $227
This zone has been tested multiple times. A clean 1H breakout and hold above $227 would open the path toward $230 – $232.

Support:
• $223 – first level to watch on the downside
$220 – $221
• Stronger zone near $216

Simple plan:
Above $227 → bullish confirmation for continuation
Below $223 → caution, deeper pullback likely
Between the two → chop, better to wait

With earnings scheduled for **August 26**, NVDA remains one of the most closely watched names in the AI/semiconductor space. The real question right now isn’t direction it’s which side of this range breaks first.

I’m waiting for confirmation rather than entering in the middle. A breakout with volume that holds the level would make the setup much more attractive.