NVDA: Multiple Bearish Signals at Key SupportNVIDIA CorporationNASDAQ:NVDAUucnk**NVIDIA (NVDA) — Multiple Bearish Confirmations Converging at a Critical Support** NVIDIA’s daily chart shows a significant deterioration after price was rejected from the **$241.41 Fibonacci extension and the upper boundary of the rising channel**. Since that peak, the stock has started to form lower highs beneath a descending resistance line. This structure, combined with repeated tests of the **$211.85 horizontal support**, creates a potential descending-triangle formation. The **$211.85 level** is particularly important because it represents more than a simple horizontal support. It is also the 1.000 Fibonacci level, the lower boundary of the rising channel and the base of the developing bearish formation. The regular-session close at **$213.66** has not yet confirmed a breakdown, but the indicated pre-market price near **$207.97** is already below this confluence zone. If the pre-market weakness continues into the regular session and price closes below $211.85, several bearish signals would be confirmed simultaneously: the Fibonacci support would be lost, the rising trend would be broken, price would re-enter the descending structure and the sequence of lower highs would remain intact. The convergence of these negative confirmations would create a **strong technical sell setup**, rather than a signal based on only one indicator or trend line. Below $211.85, the first intermediate support is located around **$207–208**, followed by the **0.786 Fibonacci level at $201.61**. A daily close below $201.61 would strengthen the bearish continuation scenario and expose **$193.57**, **$187.93** and **$182.28**. The approximate height of the potential descending triangle projects toward the **$182 region**, which closely aligns with the 0.382 Fibonacci level and therefore represents an important confluence target. Further downside supports are located at **$175.30** and **$164.01**. On the upside, a recovery above **$211.85** would be the first sign that the breakdown may have been false. However, the bearish structure would remain active unless price also reclaims the descending resistance zone around **$217–220**. Sustained closes above **$225–229** would materially weaken the short scenario, while a move above **$241.41** would invalidate the current bearish formation and restore the broader bullish structure. Overall, NVDA is positioned at a critical technical inflection point. A confirmed daily close below $211.85 would combine the loss of Fibonacci support, the breakdown of the rising channel and re-entry into the descending trend, producing a high-quality bearish confirmation. Because the price shown below support is still a pre-market indication, the signal should preferably be validated by a regular-session close and increasing selling volume. *The pre-market price is not a final closing price. The analysis presents conditional technical scenarios and does not constitute investment advice.*