The tombstone for $TSLA 384 is already standing there! It surged to 384.2 and was instantly slapped down. Over the 4-hour close, it kept sliding from 381 → 375 → 369 → 368, with the decline accelerating. The current price of 365.4 is being pinned hard by the 368.8/370.2 dual moving averages. On the derivatives side, active selling accounts for 57%, open interest has been cut by 6.5% in 7 hours, and the bulls are surrendering. The structure is bearish only; a break below 361.5 means an acceleration phase—anyone trying to buy the dip is just sending money away.
