$NVT price is holding a bullish structure, trading above a rising 20-week SMA, which continues to act as trend support after the strong advance off the spring lows. The recent pause is occurring inside the upper half of the BBs, signaling consolidation following expansion rather than a breakdown, with volatility beginning to compress. The volume profile shows a clear high-volume acceptance zone in the mid $60s to low $70s, defining major long-term support, while lighter volume above suggests room for continuation if price re-expands higher. As long as $NVT remains above the 20 SMA and holds that high-volume base, the weekly bias stays constructive, with pullbacks viewed as trend digestion.
