NVIDIA: Breakout or Rejection?NVIDIA CorporationBATS:NVDAStructure_ViewPrice is now testing the $228–238 supply zone, an area where sellers previously stepped in and stopped the advance. The technical setup is straightforward: A clean breakout above this resistance would signal that buyers are ready to continue the broader uptrend and potentially move into price discovery. However, failure to break higher could trigger a pullback toward the $190–195 demand zone, where buyers have previously defended the structure. Beyond the chart, the bigger driver remains the AI investment cycle. Demand for AI infrastructure, data center expansion and accelerated computing continues to be the main narrative supporting semiconductor leaders. At the same time, after a strong rally, expectations are higher and every new advance requires stronger confirmation from buyers. The next move will likely come down to one question: Can NVIDIA absorb the supply overhead, or will sellers defend this zone again? 🟢 Break above supply → bullish continuation 🟡 Rejection → pullback into demand 🔴 Loss of demand → deeper correction risk