The sell orders in the order book are piled up much thicker than the buy side by a noticeable margin. Yet at the $TSLA price, the market is just grinding right along the edge of the moving average—no matter how hard they try to smash it down, it won’t go. It’s a classic case of “the more you press, the harder it pushes back.” This order flow doesn’t look like it’s trying to drop at all; it’s more like there are hands underneath steadily catching. On the futures side, active buying on the contract side accounts for more than 60% and rushes straight into the sell orders posted on the book. Meanwhile, the large holders’ net long positioning ratio is still edging upward, filling in every dip the shorts manage to punch—only to have longs immediately plug the hole. The shorts’ script about waiting for a second retest simply can’t stand up to scrutiny. People crouching underneath are going to get a price that lifts first, and then they’ll just watch, counting one by one, as the limit orders they placed get eaten—without even a chance to turn back.