Week 23 of 52 — NVDA: Retest or FOMO Trap?NVIDIA CorporationBATS:NVDARobert_V12NVDA is once again testing a very important area on the chart. After breaking above the previous double-top zone around $209–$211, price is now pulling back into that same area. This is the key level for the current setup. In technical terms, this is a classic resistance-turned-support retest. The main question is simple: Is NVDA preparing for another bullish continuation, or is this a FOMO zone before a deeper pullback? The bullish scenario remains valid as long as price holds above the $209–$211 retest zone. If buyers defend this area, NVDA could attempt another move toward $217–$220, and eventually retest the recent highs near $230–$235. However, the move from the April lows has been very aggressive. Because of that, a pullback would not be surprising. If NVDA loses the $209–$211 area with conviction, the next important support is around $200, which also aligns with the 50% retracement zone. That level could become the next major decision point for buyers. Below $200, the deeper support area remains around $180, but that would require a more serious correction in the stock or broader market. For now, I see NVDA as bullish but extended. The chart is not showing a confirmed breakdown yet, but the risk of chasing too late is real. This is why the $209–$211 zone matters so much. Key levels: $209–$211: Main retest zone / key support $200: Major support / 50% retracement $180: Deeper pullback support $217–$220: First recovery zone $230–$235: Upside target area In my view, NVDA remains constructive above $209–$211. Losing that zone would shift the focus toward $200 before any new bullish continuation attempt. Not financial advice. Just my technical view.