NVIDIA
Long

NVDA 30-Min Chart – Bullish Rebound Setup from Support Zone Towa

170
NVIDIA Corporation (NVDA) 30-Min Chart Analysis – July 23, 2025
Current Price: $167.01
Timeframe: 30-Minute
Trend Setup: Bullish Bounce from Support Zone

🔍 Key Trading Levels:
Entry Point: $164.34
Price recently bounced from this zone, suggesting support and potential for long positions.

Stop Loss: $162.17
Positioned below the purple demand zone to manage risk in case of breakdown.

Target Point (TP): $174.68
Previous resistance and local high; expected upside of +5.96% from entry.

📊 Indicator Context:
50 EMA (Red): Price currently testing below it, showing short-term correction.

200 EMA (Blue): Acting as dynamic support, aligning with the entry zone—strong technical confluence.

📈 Trade Insight:
Bias: Bullish on confirmation

Risk: ~2.17 points

Reward: ~10.34 points

Risk-to-Reward Ratio: ~4.7 (strongly favorable)

✅ Setup Strategy:
Wait for a bullish candle close above $165 for confirmation.

Strong bounce from EMA confluence and demand zone supports upside potential.

Price above $168.50 (pre-market) could further validate upward continuation toward $174.68.

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