NVIDIA at the Crossroads: Will This Breakout Hold or Fake? Aug 7NVIDIA CorporationBATS:NVDABullBearInsights🧠 Technical Analysis – 1H + 15M Chart NVDA is testing the upper bound of a symmetrical triangle on the 1-hour chart — a critical spot that could either break for continuation or reject back into the wedge. * Trendline resistance from previous highs is pressing NVDA around 180.80–181.50. * Stochastic RSI is overheated (>99), suggesting a potential pullback or fakeout before true breakout strength. * MACD is crossing bullish with increasing histogram momentum — short-term buyers are stepping in. On the 15-minute chart, we see: * Tight coil forming near 181.00. * Minor resistance at 181.46 from previous rejection. * A bullish breakout above 182.00 on volume would confirm a short-term rally. ⚠️ Keep an eye for a potential fakeout above trendline and reversal back below 179.70 — a CHoCH could trap late bulls. 💥 GEX + Options Sentiment (Based on 1H Chart) * GEX Map shows massive resistance forming around 182.5–185, with: * 57.12% Call Wall at 182.5 * 51.68% Call Wall at 185 * Gamma is heavily concentrated just above current price — strong dealer hedging could cap upside moves if flow doesn't increase. * Support Zones: * 175 → Put support and HVL level * 172.5 → Cluster of downside GEX risk (-7.23%) * IVR is at 19.3 (low), with Call flow only at 3.4% — suggesting institutions are not aggressively chasing upside here. 🎯 Trade Scenarios Bullish Breakout Setup * ✅ Entry: Above 182.00 breakout * 🎯 Target: 184.20 → 185.50 * 🛑 Stop: Below 179.50 or re-entry inside triangle Bearish Rejection Setup * 🔻 Entry: Rejection from 181.50–182.00 zone * 🎯 Target: 178.20 → 175 * 🛑 Stop: Above 182.30 My Thoughts: NVDA is at a decision point — either break out and squeeze through GEX walls or get trapped and fade to lower support zones. Volume and reaction at 182 will be key. This is a high-risk area for chasers — ideal zone for scalpers and short-term breakout traders with tight stops. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk accordingly.