NVDA – 4D Structure Update | Fib Acceptance & Momentum BuildNVIDIA CorporationBATS:NVDAMoNi_MoNAfter weeks of compression, NVDA is finally showing structure that’s worth respecting on the higher timeframe. Price formed a clear impulse from the ~169–170 low into the 212 previous high zone. With that leg established, a Fibonacci retracement now has validity — and price action is already responding to it. Key observations: The 0.236–0.382 retracement zone acted as a strong acceptance area. Rather than a deep retrace, price consolidated and held above prior demand. NVDA is currently hovering around the 0.5 level (~190–191), which often acts as a decision zone. The fact that price is holding here suggests balance, not weakness. The 0.618 level (~195–196) is the first major continuation test. A clean reclaim and hold above this level would signal momentum continuation. The 0.786 retracement (~202–203) aligns with the psychological $200 level, creating a natural magnet if momentum builds. The previous high near ~212 remains the larger objective if structure continues to hold. From a structure perspective, this does not resemble a relief bounce. Price respected higher timeframe support, reclaimed mid-range levels, and is consolidating rather than selling off aggressively. As long as price holds above the mid-fib region, the bias remains constructive. Below ~185 would suggest continued range behavior, but above ~195 opens the door for acceleration toward the upper fib and prior highs. This is less about prediction and more about context — and right now, the market is showing acceptance, not rejection. Take that, take tha, Micheal Burry :D