NVDA Reclaims $200 Is This the Start of the Next Bullish Leg?NVIDIA CorporationBATS:NVDATorik2xNVIDIA has finally reclaimed the psychological $200 level after several weeks of selling pressure. The breakout is attracting attention, but the real question is whether buyers can defend this move or if it's just another short-term relief rally. 🌍 Why This Matters AI remains one of the strongest long-term themes in the market, and NVDA continues to lead the sector. After correcting from the $236 region, price has now bounced strongly from the $192–195 demand zone, suggesting buyers are stepping back in. This is the first technical sign that momentum may be shifting. 📊 Technical Setup My current bias remains bullish, but only if price can hold above the breakout. 🟢 Buy Zone $202–204 As long as price stays above this area, bulls remain in control. 🎯 Target 1 $210–212 The first resistance where I expect some profit-taking. 🎯 Target 2 $218–220 If momentum continues, this becomes the next upside objective. 🛑 Invalidation A decisive move below $198 would weaken the bullish structure and increase the probability of another pullback. ⚠️ Risk View Markets rarely move in a straight line. If volume fades or sellers reclaim the $200 level, this breakout could turn into a bull trap. That's why I'm waiting for confirmation rather than chasing every green candle. 🎯 Final Thoughts For me, this isn't about predicting the future. It's about reacting to what the chart is telling us. Holding above $202 keeps the bullish scenario alive. Losing $198 changes the picture completely. The next few sessions should reveal which side is really in control.