NVDA: 5th Test of Resistance — Breakout IncomingNVIDIA CorporationBATS:NVDAuncleHamidthree to five times, gradually absorbing and exhausting the available selling pressure. Following the fifth test, buyers finally took control and price broke through the zone with a decisive bullish breakout candle. The former resistance then transitioned into new demand, while price moved higher and established a broader range structure between approximately $191–195 and $227–232. The $227–232 area is currently the key resistance zone. Multiple reactions from this level indicate that significant supply is still present, but repeated tests can also weaken the sellers positioned around the zone. Bullish Scenario 🟢 If price reacts strongly from the range midpoint around $214 and begins moving decisively toward the upper boundary, I will be watching for another test of the $227–232 resistance zone. A strong 4H displacement candle followed by acceptance above the resistance, rather than a simple intraday wick, would provide stronger confirmation of a potential bullish continuation and range expansion. Bearish Scenario 🔴 If buyers fail to generate a convincing 4H breakout through $227–232, and price shows clear rejection or bearish displacement from the zone, the probability of a corrective move toward the $191–195 demand area increases. Key Price Action Takeaway The important factor here is not simply where price is trading, but how price behaves when it reaches these structural levels. Repeated tests, rejection wicks, displacement candles, and most importantly acceptance or rejection beyond the range boundaries will determine which side ultimately takes control. For now, NVDA remains range-bound between major demand and supply, with $214 as the key midpoint and $227–232 as the major decision zone. Breakout or rejection — which scenario do you see playing out next? #NVDA #NVIDIA #PriceAction #TechnicalAnalysis #SupplyAndDemand #NASDAQ #USStocks #SwingTrading #StockMarket #TradingView #Breakout #MarketStructure #UncleHamid