đ TSLA 1m Chart Analysis: Bounce Back or Further Drop? đđ
Tesla ($TSLA) experienced a sharp drop on the 1-minute chart, dumping from $386.83 down to hit a low of $370.26.
đ Key Levels:
⢠Support: $370.26
⢠Resistance: $379.10 - $381.30
⢠Current Price: ~$372.46
đĄ Market Outlook:
⢠Short-Term Bounce (UP): The $370.26 level is acting as a strong temporary support. A quick relief bounce toward $375â$378 is likely.
⢠Downside Risk (DOWN): If it breaks below $370.26, expect further downside toward $368.
â ď¸ Strategy: Look for a short scalping opportunity on the bounce, but keep tight Stop Loss as overall momentum remains bearish.
#TSLA $TRX
Tesla ($TSLA) experienced a sharp drop on the 1-minute chart, dumping from $386.83 down to hit a low of $370.26.
đ Key Levels:
⢠Support: $370.26
⢠Resistance: $379.10 - $381.30
⢠Current Price: ~$372.46
đĄ Market Outlook:
⢠Short-Term Bounce (UP): The $370.26 level is acting as a strong temporary support. A quick relief bounce toward $375â$378 is likely.
⢠Downside Risk (DOWN): If it breaks below $370.26, expect further downside toward $368.
â ď¸ Strategy: Look for a short scalping opportunity on the bounce, but keep tight Stop Loss as overall momentum remains bearish.
#TSLA $TRX
