TECHNICAL ANALYSIS | $TSLA
$TSLA trading above $375.55 after being rejected at $388.00 and returning to test the key support zone at $374.00. The decisive inflection level for maintaining the short-term bullish structure remains $374.00.
• Zone: defend the key support area between $374.00 and $376.00 on this 4H candle.
• Invalidation: a 4H close below $374.00 confirms a break in structure and opens the way for a drop toward $366.00.
• Target: rebound toward the intermediate resistance at $383.00 and attempt to retest the recent high at $388.00.
Will support at $374.00 hold, or will the correction accelerate toward $366.00? 📈
#TSLA
$TSLA trading above $375.55 after being rejected at $388.00 and returning to test the key support zone at $374.00. The decisive inflection level for maintaining the short-term bullish structure remains $374.00.
• Zone: defend the key support area between $374.00 and $376.00 on this 4H candle.
• Invalidation: a 4H close below $374.00 confirms a break in structure and opens the way for a drop toward $366.00.
• Target: rebound toward the intermediate resistance at $383.00 and attempt to retest the recent high at $388.00.
Will support at $374.00 hold, or will the correction accelerate toward $366.00? 📈
#TSLA