🚨Hey Traders! 📉 Looking at the $NVDA 1-hour chart, the price has undergone a significant correction but is now hovering right above a major psychological and structural support level around the $200.00 - $202.00 zone.

The SSL channel shows short-term bearish momentum, but the price is severely oversold near the bottom green support lines. This makes it a high-probability risk-to-reward setup for a SPOT ONLY bounce.

🎯 Trade Setup (Spot Trading Only):

🟢 Entry Zone: $202.00 – $204.00 (Buy in parts near current market price)

🎯 Take Profit 1 (TP1): $208.00 (Quick resistance target)

🎯 Take Profit 2 (TP2): $214.00 (Mid-term recovery target)

🛑 Stop Loss (SL): $198.50 (Daily candle close below structural support)

⚠️ Engagement Question: Do you think NVDA will hold this $200 level or slide further down? Drop your thoughts below! 👇

#NVDA #StockTrading #TechnicalAnalysiss #TradingSignal #SpotTradingSuccess