Notice: This article is outdated and there is a newer version of this topic. View the Updated Article

Nvidia Stock Price Weakness: Is a Bigger Selloff Coming?

Nvidia Stock Price Weakness: Is a Bigger Selloff Coming?

NVIDIA | Technical Outlook

Nvidia stock Price Weakness: Market Structure

The Nvidia stock Price Weakness remains dominant as shares trade around $213.97, extending their decline from the recent peak near $243.00. The latest selling pressure has pushed NVIDIA below its key moving averages, reinforcing a bearish shift across multiple timeframes.

On the daily chart, the rejection from $240.00 – $243.00 has developed into a sustained correction, with consecutive bearish candles driving prices toward the $213.00 – $214.00 support region.

The H4 and H1 charts confirm a sequence of lower highs and lower lows, while the M15 timeframe shows limited buying interest. Price remains vulnerable to further losses unless buyers reclaim nearby resistance.

Key Resistance Zone

Immediate resistance is located at $216.00 – $218.00, supported by:

  • Recent M15 and H1 consolidation levels
  • Previous support that may now act as resistance
  • Declining short-term moving averages

A confirmed breakout above this zone could open the way toward:

  • $220.00 – $222.00
  • $224.50 – $227.00 (major H4 resistance zone)

As long as NVIDIA remains below $218.00, bearish pressure is likely to dominate short-term movements.

Key Support Zone

Immediate support is located at $213.00 – $214.00, where price is currently attempting to stabilize.

A sustained breakdown below this region could expose:

  • $211.00 – $209.00
  • $205.50 – $203.50 (next significant support zone)

A confirmed H4 close below $209.00 would strengthen the bearish outlook and increase the probability of a deeper correction.

Nvidia stock Price Weakness: Expectations

Bearish Scenario (Primary)

If NVIDIA fails to recover above $216.00 – $218.00, sellers may maintain control.

A confirmed breakdown below $213.00 could trigger:

  • A decline toward $211.00 – $209.00
  • An extension toward $205.50 – $203.50

The prevailing bearish momentum on the H4 and H1 timeframes supports this scenario.

Bullish Scenario (Alternative)

If buyers defend $213.00 – $214.00, NVIDIA could experience a corrective rebound.

A sustained breakout above $218.00 may support:

  • A recovery toward $220.00 – $222.00
  • A further advance toward $224.50 – $227.00

However, reclaiming $227.00 would provide stronger evidence that the current bearish structure is beginning to weaken.

Outlook

Nvidia stock Price Weakness continues to shape the technical outlook, with shares approaching an important support area near $213.00.

The broader bearish trend remains intact, while short-term price action suggests that sellers retain control.

A confirmed breakdown below $213.00 could accelerate losses toward $209.00 and $205.50. Conversely, a recovery above $218.00 would provide an initial signal of improving momentum.

For now, the $213.00 – $218.00 range represents the immediate decision zone, with the next confirmed breakout or breakdown likely to determine NVIDIA’s short-term direction.