🎯 TSLAUSDT 5X LONG | Catching the Oversold Bounce
Entry: $316.17 | Current: $310.14 | PnL: -10% 📉
Why I'm holding this Long:
After the brutal post-earnings dump from $445 → $293, TSLA is sitting at EXTREME oversold levels. Daily RSI ~9 — that's bottom 2% territory. Lower timeframes (15m/1h/4h) are showing bullish MACD crossovers + relief rally structure.
Key Levels I'm Watching:
🔴 Resistance: $335 (my breakeven) → $345 (EMA 20) → $373 (EMA 50) → $384 (TP target)
🟢 Support: $310 (current) → $297 (52W low) → $293 (1d low) → $270 (major floor)
My Plan:
→ If we hold $310, targeting $330–$335 relief zone first
→ Added limit at $295.76 in case we sweep the lows one more time
→ TP set at $384.49 — needs +24% but daily trend is wrecked so taking it level by level
Probability View:
Base case: $300–$340 range chop for 2–4 weeks
Bull case: Oversold dead-cat bounce to $350+
Bear case: Break below $293 sends us to $270
Not financial advice. Managing risk on 5X — size small, survive the volatility. 🛡️
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