Saad Ullah
NIO Inc. (NYSE: NIO) took a 4.25% hit yesterday, closing at $4.51 on July 30, 2025. But before you panic, traders on X are actually pretty chill about this drop. One analyst pointed out that this looks like a classic "healthy pullback" after NIO's recent breakout, with the stock now testing old resistance levels as new support.
NIO's $4.51 Level Could Be the Perfect Entry Point
Here's what's got traders excited: NIO recently smashed through resistance around $4.20 and shot up to $5.36. Now it's pulling back to retest that breakout zone around $4.51, which is textbook technical analysis stuff. When old resistance becomes new support, that's usually a bullish sign.
The volume data backs this up too – there was solid buying when NIO broke higher, suggesting real momentum behind the move rather than just a fake-out.
What's Next for NIO Stock?
If NIO can hold above the $4.20-$4.50 support zone, things could get interesting fast. The immediate target is back up to $5.36, but longer-term charts show potential runs to $9.60-$11.15 if everything lines up right.
This is make-or-break time for NIO stock. If the support around $4.20-$4.50 actually holds up, we could be looking at a resumption of the uptrend. The immediate target would be back up to that $5.36 resistance level, but the really juicy stuff is further out.
Longer-term targets are sitting in the $9.60-$11.15 zone. Yeah, you read that right – we're talking about potential gains of over 100% from current levels if this setup plays out. The trader who highlighted this pattern is calling it a "healthy pullback," which in trader-speak means the stock is just taking a breather before potentially making another leg higher.
Saad Ullah
