NVDA at a Make-or-Break Zone – Trade Setups Ahead NVIDIA CorporationBATS:NVDABullBearInsights🔍 Options GEX Insights (Gamma Exposure): * GEX Map Observation: * NVDA is currently trading near 158, slightly under the major Gamma Wall at 160.98. * This level marks the highest positive net GEX – strong resistance due to heavy call positioning. * Above that, additional call walls stack at 162.5 → 165 → 167.5, creating a squeeze zone if price breaks out. * Below, support levels sit at 155 (2nd PUT wall) and 152.5 (3rd PUT wall). * Volatility & Options Sentiment: * IVR: 8.8, IVx: 40.8 – low implied volatility rank = cheap options. * Put Positioning: Only 1.4% = call-heavy environment, skewed bullish. * Positive GEX (+) across expiries shows dealers will hedge upward if we move beyond 161. 🟢 Bullish Scenario (Breakout/Squeeze Setup): * Break over 160.98 could ignite a gamma squeeze toward 165–167.5 range. * Ideal for low delta CALL verticals or debit spreads targeting the 165 zone. * Weekly options are cheap due to low IV. 🔴 Bearish Rejection Scenario: * If price stays pinned under 160 and loses 155, dealers start to de-hedge – momentum toward 152/150. * Consider put spreads or a cautious fade if it breaks structure. 📌 GEX Summary Suggestion: If NVDA stays under 160, price may remain pinned or retrace. But above 161 opens the gamma doors to 165+. Cheap IV = opportunity. 📊 1-Hour Price Action Technicals: * Market Structure: * Previous BOS toward the upside has stalled inside a consolidation box under 160. * Multiple CHoCH zones form below current price, hinting at exhaustion. * Price is stuck within a wedge, coiling beneath resistance = compression phase. * Support & Resistance Zones: * Resistance: 159.34 → 160.98 (Gamma Wall and price supply). * Support: 155.34, then 151.10. * Bullish OB remains untested around 151 area if price flushes. * Volume & Trend: * Volume declining during chop = balance phase. * RSI & MACD show slight bearish divergence, favoring caution near top of range. ⚙️ Trade Thoughts: * Scalp Setup: * Above 160.98 = scalp long toward 162.5/165, tight stop at 159.3. * Below 155 = scalp short toward 152 zone. * Swing Setup: * Long only on strong breakout close above 161 with volume. * Short swing possible under 155 if CHoCH confirms trend flip. Conclusion: NVDA sits at the pivot point of either breaking out toward 165+ or rejecting and retracing toward 152. GEX and price both hint at a coiled move ahead. Stay nimble, follow the volume. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trade at your own risk.