Technical analysis by BenRoses about Symbol NVDAX on 6/2/2025

NVIDIA is charging into a massive resistance wall with fading momentum and no volume punch—either it explodes through $150 or this rally dies at the top. Technical Breakdown – NVIDIA Corp. (NVDA) 1. Price Action – Into the Fire NVDA is retesting its all-time high zone ($135–$150), which previously rejected multiple times. This yellow/red zone is a congestion and distribution range — classic bear battleground. Each push into this area has ended in selling pressure — so buyers need real power to break it this time. 2. MACD – Bullish, But Flattening MACD crossed bullish in early May, driving this run. However, momentum is now flattening out — a sign that follow-through is weakening. Histogram bars are shrinking → momentum is fading, not building. 3. RSI – Bullish but Tiring RSI peaked near 70 and is now at 63.06 — momentum rolled off just as price hit resistance. This sets up a bearish divergence risk: if price breaks higher and RSI makes a lower high, that’s a classic top signal. For now, RSI is still constructive, but losing steam. 4. Volume – No Climax Yet Volume is not exploding on this push into resistance — suggests this is not a conviction breakout (yet). Prior breakouts came with clear volume surges; without that, we could see a failed breakout / bull trap. 5. Contextual Read – High Expectations Sentiment around NVDA is extremely bullish with AI mania in full gear. But that’s exactly when tops form — when everyone’s already in, there are no marginal buyers left. The $135–$150 zone is where smart money sells to latecomers if there's no catalyst to push higher. Conclusion – NVDA at a Probable Inflection Point NVIDIA is at major resistance with waning momentum and no volume confirmation — the burden of proof is on the bulls. Unless: We get a decisive close above $150 on surging volume MACD extends bullish RSI holds above 60 This looks like a sell zone, not a buy zone.