TSLA — Range Structure, Rejection Risk & Breakout Continuation

3 days ago

TSLA is currently trading inside a well-defined range after a strong upside move from the demand zone, showing clear market structure with buyer and seller zones in play. Price has already reacted from the upper resistance area, where rejection is possible, indicating that sellers are defending this level aggressively.

If price fails to sustain above the buyer zone and shows rejection, a pullback toward the marked support level is likely, where liquidity and demand could step in before continuation toward the target. However, a clean breakout and acceptance above the resistance zone would invalidate the rejection scenario and open the path toward the next upside target already marked on the chart.

This setup highlights both scenarios clearly: rejection leading to a support retest, or breakout confirming bullish continuation. Patience and confirmation around key levels remain critical for execution.

3 days ago

Trade active

2 days ago

Trade closed: target reached

Price respected the key level and moved directly toward the projected target, validating the setup.