NVDA Is Back At 202.20 - The Line That Decides The Base.NVIDIA CorporationNASDAQ:NVDAvirDeStateraNVDA Is Back At 202.20 - The Line That Decides The Base. The euphoria cap kept working. NVDA has fallen from the 213.81 high all the way back to 202.20 over three sessions, losing 207.59 and 204.82 on the way, and is now testing the base itself at 202.49. It swept a low right at the line. This is the level that has held the entire base - hold it and the structure is intact, lose it and the base fails. Short pressure is maxed on the higher timeframe and the daily is still in euphoria. Momentum is down, but price is sitting on the one level that matters. Neutral. Resistance: 204.82 - first level to reclaim Key resistance: 207.59 - the lost breakout level Current price: 202.49 Support: 202.20 - the base, the make-or-break line Key support: 199.89 - first shelf below the base Structural floor: 197.13 - deeper support Two paths from here: The base holds 202.20 and the swept low bounces. Three days down into the exact base level with a low swept is a reversal setup. If 202.20 holds and NVDA reclaims 204.82, the drop was a shakeout and the base survives. The line does its job until it does not. The base fails on a close. Maxed short pressure and euphoria unwinding can drive right through support. A close below 202.20 breaks the base that has held for weeks and opens 199.89, then 197. Below the base, the trend changes. NVDA gave the entire run back and is now standing on 202.20. Everything hinges here - a hold and a reclaim of 204.82 says shakeout, a close below 202.20 says the base is gone. Built with SYNTHESIS v3.3 | SOM / ACE / IMP / SYNTHESIS Study, not financial advice.