Nvidia Slides Back Under $170 After the $148.80 Flush

Nvidia closed Tuesday at $168.89, breaking under $170.24 — the Monday low that technical analyst virDeStatera says "broke this week" — and set up a violent two-session stretch that saw a flush to $148.80 on the year's highest daily volume.

The TradingView analyst, writing under the handle virDeStatera, laid out the damage in a note titled "NVDA Is Back Under 170 After The 148.80 Flush." Tuesday's close of $168.89 confirmed the downside path, with $167.01 traded the same day. Thursday gapped to $148.80, traded both $167.01 and $164.27, and closed at $166.19. The level of $181.46, the analyst notes, was never closed above.

What happened on Thursday and Friday?

Thursday printed $148.80 in the opening minutes and closed at $166.19. That's a 17-point intraday range on the highest daily volume of the year, according to the analyst's read of the tape.

Friday opened at $169.91 — $3.72 above Thursday's close — filled that gap inside the first half hour, and then sold off. At the time of the note, NVDA traded at $161.80 with a session low of $161.22. That put the stock under Thursday's close and 9 points under the $170.24 level that broke earlier in the week.

Two gaps opened in two sessions. Both filled the same morning they appeared.

Where does the technical structure stand?

The analyst's structure call, built with the SOM/ACE/IMP framework, is blunt:

• Daily chart: bear. The quartile sits with the bear anchor at a CQI of 100.
• 4-hour chart: bear, mid-range at a CQI of 45 at the close.
• Hourly chart: bull in transition. It printed a bull announcement at $170.85 Friday morning with a CQI of 51 — a signal price had already moved 9 points below.

The IMP score reads 4 of 5 on both the daily and 4H, in what the analyst calls mixed mode, with extension and volume at the top of their ranges. No anti-signal appeared at the close.

What are the levels to watch?

The analyst maps six price references, all valid through Monday evening:

• Resistance: $166.19 — Thursday's close and the gap that filled Friday morning.
• Key resistance: $170.24 — Monday's low, lost on Tuesday. Friday's high of $170.00 stopped just under it.
• Current price at time of writing: $161.80.
• Support: $161.22 — Friday's low.
• Key support: $148.80 — Thursday's low.
• Structural floor: $145.50 — the June 2025 low.

What are the two paths from here?

The analyst frames the setup as two scenarios, both resolvable by today or Monday.

A regular-session close above $170.24 reclaims the level that broke Tuesday and opens $173.73 — Wednesday's close — then $177.54 at Wednesday's high. The hourly bull announcement sits at $170.85, right at that line, giving bulls a nearby confirmation marker.

A regular-session close under $161.22 takes out Friday's low and opens $159.70, which was Thursday's first-hour low after the flush. Below that sits $148.80, and under $148.80 the next reference is $145.50, the June 2025 structural low.

Why does the timing matter?

Earnings land Wednesday — after this technical window closes. As the analyst puts it: "170.24 to repair the week, 161.22 to extend it. These levels run to Monday evening."

The note closes with a disclaimer: "Study, not financial advice."

The stakes are straightforward for traders watching the chipmaker. Nvidia either reclaims $170.24 before the earnings print or risks a second test of the $148.80 flush low, with $145.50 waiting underneath as the last structural reference before the stock enters price territory it hasn't traded since June 2025.