Markets are not buying Nvidia right now. They are testing it. And the $175 to $180 range is where that test plays out. 📉 What Just Happened NVDA bottomed at $164 in late March. It has since bounced 8% to around $178. But do not mistake this for a clean recovery. Oil above $111. Rates still elevated. Hedge funds sold US tech at the fastest pace in 13 years last month. NVDA is still below both its 50-day and 200-day moving averages. This is a fragile bounce in a fragile environment. ⚖️ The $175 to $180 Zone Is Everything $175 - institutional support, where buyers defend the AI narrative $180 - momentum trigger, where flows come back fast $172 - the line you do not want to see break $161 - neckline of a head and shoulders pattern. Below this, the measured move targets $137. Above $180 with co