$TSLAB is the most searched stock token on Square, and it just printed a new high at 409 🚗
Tesla jumped after Barclays raised its rating and price target, and the tokenized stock is +7% on the week.
The 4H chart:
• Higher lows since Oct 18: 347 → 366 → 371 → 391
• Broke the 395 to 397.6 lid that rejected it twice
• New high: 409
• EMA 20 at 391 is rising fast
• RSI 76, overbought
The plan:
🟢 Strong trends often stay overbought. Dips that hold the 395 to 397.6 flip zone are the cleaner entries
🔴 A 4H close back under 391 = momentum is fading
Stock tokens trade 24/7, so you can follow Tesla's momentum even while Wall Street is closed.
Are you holding $TSLAB or waiting for a pullback? 👇
NFA
#Tesla #StockTokens #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
Tesla jumped after Barclays raised its rating and price target, and the tokenized stock is +7% on the week.
The 4H chart:
• Higher lows since Oct 18: 347 → 366 → 371 → 391
• Broke the 395 to 397.6 lid that rejected it twice
• New high: 409
• EMA 20 at 391 is rising fast
• RSI 76, overbought
The plan:
🟢 Strong trends often stay overbought. Dips that hold the 395 to 397.6 flip zone are the cleaner entries
🔴 A 4H close back under 391 = momentum is fading
Stock tokens trade 24/7, so you can follow Tesla's momentum even while Wall Street is closed.
Are you holding $TSLAB or waiting for a pullback? 👇
NFA
#Tesla #StockTokens #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
