Technical analysis by Dinjin about Symbol NVDAX on 1/6/2026

This chart examines NVDA’s recent price behavior through price–time confluence, focusing on how price interacts with dynamic targets, trend structure, and momentum rather than fixed support/resistance levels. Structural Overview: Price spent an extended period oscillating within a broad declining structure, producing lower highs and lower lows. A reversal sequence developed after downside momentum weakened, followed by a sharp recovery back toward the median of the broader range. Recent candles show price stalling near a key structural zone rather than extending impulsively higher. Target Interaction: Multiple upside targets were reached during the advance, each confirmed through sustained interaction rather than brief spikes. Recent target hits occurred closer to structural resistance, suggesting diminishing expansion rather than acceleration. The most recent interaction reflects equilibrium behavior, where price meets targets but does not immediately separate from them. Trend & Baseline Context: Price has reclaimed the rising median baseline, which now acts as short-term structural support. However, the slope of the baseline is moderate, indicating stabilization rather than strong trend expansion. The broader channel remains intact, placing the current price near the upper half of the structure rather than in open space. Momentum Behavior: Momentum expanded during the advance and has since begun to cool. The projected cross highlights a potential momentum reset window, often associated with consolidation or rotation rather than immediate continuation. Momentum remains elevated relative to prior lows, suggesting structural improvement despite short-term slowing. Forward-Looking Context (Non-Predictive): If price continues to respect the median and prior target zones, the structure remains constructive. Failure to hold reclaimed levels would shift focus back toward range behavior within the larger channel. This chart is designed to visualize how price, time, and momentum interact at key structural zones, not to predict future outcomes. All levels are dynamic references that evolve with price.