NVIDIA About to TANK? Or Just Cooling Off?

After one of the most explosive bull runs in tech history, NVIDIA is showing signs of exhaustion — and this chart’s screaming a massive correction incoming.

🧠 Chart Insights (2W Time Frame):
Current Price: ~$96.30

All-Time High: $152.89

Key Breakdown Levels:

🔵 Pullback Zone: $134.29 — Broken & Completed

🟠 Neckline Support: $90.69

🎯 Major Fibonacci Target: $66.25 (61.8% retracement)

💀 Extreme Support Zone: $10.81 (not likely unless disaster strikes, but chart says what it says...)

🔎 What’s Really Happening:
Bull run started October 2022 and went parabolic into late 2024

Price attempted to consolidate above $130–140 (pullback zone) but failed to hold

Bearish momentum confirmed as we’ve broken through key zones

We’re now headed straight toward the $90s neckline, with $66.25 as a Fibonacci target if trend continues

⚠️ Why This Matters:
This isn’t fear — it’s structure. Nvidia doesn’t have to collapse to zero, but even a healthy correction to $66 would be a 30%+ drawdown from current levels.

That would:

✅ Flush out weak hands

✅ Offer long-term buyers a better setup

✅ Rebalance the overextended rally from 2023–2024

👀 What to Watch:
Retest of $90.69 neckline

Reaction at the 61.8% retracement

Volume spikes on weekly red candles

If bulls don’t step in soon, this is just the beginning of the cooldown

📌 This is not financial advice — just chart surgery.

🔖 Hashtags:
#NVIDIA #NVDA #StockMarketCorrection #BearishStructure #TechStocks #TradingViewCharts #MarketMomentum #PriceAction #FibonacciAnalysis