NVIDIA Testing Downtrend — Breakout Could Unlock UpsideNVIDIA CorporationXETR_DLY:NVDhusseinderghamNVIDIA has been trading in a corrective downtrend after its recent highs, with price compressing under the red trendline. If this downtrend breaks, a strong bullish move upward could follow, but key supports below remain critical if sellers extend pressure. 🔍 Technical Analysis Current price: 143.04 EUR (XETR). Price is consolidating under the downtrend line, keeping short-term bias cautious. Immediate supports: 141.40 (short-term) and 139.44 (intraday). A break of the red trendline would flip momentum bullish. 🛡️ Support Zones & Stop-Loss (White Lines): 🟢 141.40 – Last 15m Support (High Risk) Weak intraday defense. Stop-loss: Below 139.44 🟠 130.84 – 4H Support (Good Entry) Major demand zone. Stop-loss: Below 128.2 ⚪ 128.34 – Macro Base Strong final floor if deeper correction plays out. 🔼 Resistance Levels: 🟥 Downtrend Line (Red) The key resistance. A break above → signals bullish reversal. Psychological resistance: 145.00 🧭 Outlook Bullish Case: Break above trendline → upside momentum resumes, targeting 145+. Bearish Case: Rejection under trendline + loss of 141.40 → opens path to 139.44 and 130.84. Bias: Neutral to bullish — watching for a confirmed trendline breakout. 🌍 Fundamental Insight NVIDIA’s latest earnings disappointed the market, with slowing revenue growth and concerns about sustainability of its AI-driven boom. Profit margins remain high, but weaker guidance has triggered selling pressure and fueled the current downtrend. Bearish pressure: Revenue slowdown + post-earnings profit-taking. Bullish support: Long-term AI leadership and strong market position keep investors interested on dips. ✅ Conclusion NVIDIA is testing a critical downtrend line after weak earnings triggered a pullback. A confirmed breakout could reignite the bullish trend, but failure and a break below 141.40/139.44 opens the way toward deeper supports at 130.84. ⚠️ Disclaimer This analysis is for educational purposes only and does not constitute financial, investment, or trading advice.