NVDA Feb 27 — Holding the 185 Shelf After BreakdownNVIDIA CorporationBATS:NVDABullBearInsights On the 15m timeframe, NVDA failed to sustain trade above the 195–200 supply band and rolled over aggressively, breaking structure and accelerating lower into the 185 zone. The selloff was impulsive, with momentum expanding once 192 gave way. Since then, price has transitioned into tight consolidation directly on top of 184–185, forming a clear intraday base. The structure is now defined by breakdown → stabilization. Lower highs remain intact beneath the descending trendline, but downside momentum has paused. This is no longer active selling — it’s compression at support. From a price action perspective, NVDA must reclaim 189–190 to neutralize immediate downside pressure. Until that happens, rallies are vulnerable to rejection. However, as long as 184 holds, short-term support remains intact. Based on GEX option data, the most significant overhead resistance sits near 200, where the highest positive positioning and call resistance cluster. That remains the major upside trigger. Even if a bounce develops, the 195–200 band becomes layered friction. Below price, the broader defensive zone sits between 170–165, where heavy put support and negative positioning are concentrated. A clean break below 184 increases probability of a liquidity sweep toward 180, with extension risk toward 170 if selling accelerates. Current Positioning Map • 200 = Major gamma wall / upside trigger • 190 = First reclaim level • 185 = Immediate support shelf • 170–165 = Strong defensive put zone Scenarios After Today’s Move If 185 holds and price reclaims 189–190, a relief bounce toward 195 is possible. Sustained upside requires acceptance above that area. If 184 fails decisively, focus shifts to 180, followed by the deeper 170–165 liquidity band. Right now, NVDA is compressing on a support shelf after a sharp breakdown. The next expansion will likely come from resolution of this 185 pivot.