🚨 $TSLAB just bounced from the low… but is the pain over?
Tesla bStock is trading at 355.81 right now after dipping as low as 347.25.
Look at the chart carefully:
Strong rejection from the bottom
Short-term bounce is live
But higher MAs are still sloping down
This looks like a classic relief bounce inside a bigger downtrend.
Key levels I’m watching:
Resistance: 361 – 364
Support: 347 – 350
If it fails to break above 364 with volume… another leg down is possible.
What do you think?
Is this a buying opportunity or a short setup?
Drop your bias below 👇
Long or Short $TSLAB?
#TSLAB #TSLA #bStocks #BinanceSquare #trading
Tesla bStock is trading at 355.81 right now after dipping as low as 347.25.
Look at the chart carefully:
Strong rejection from the bottom
Short-term bounce is live
But higher MAs are still sloping down
This looks like a classic relief bounce inside a bigger downtrend.
Key levels I’m watching:
Resistance: 361 – 364
Support: 347 – 350
If it fails to break above 364 with volume… another leg down is possible.
What do you think?
Is this a buying opportunity or a short setup?
Drop your bias below 👇
Long or Short $TSLAB?
#TSLAB #TSLA #bStocks #BinanceSquare #trading