NVIDIA on the H1 chart has been carving a descending channel since the high of 213.94 on 2026‑06‑14. The price retreated below the 210‑211 resistance zone, breaking the 208.5‑209.0 support cluster with a decisive close at 209.10 on heavy volume (10,870 contracts). Subsequent candles have shown lower highs and lower lows, while volume has tapered, confirming weakening bullish participation. The latest bar closed near 208.6, just under the prior swing low of 208.44, indicating that the bearish bias is intact. Momentum oscillators are trending down, and the lack of buying pressure on the 208.6‑209.4 range suggests a move toward the…

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