Market Overview Trend: Strong Bearish 📉 Resistance: $309.30 → EMA 200 acts as a ceiling Support: $296.00 → Local demand zone Indicators: MACD: Bearish, no reversal confirmation RSI: Oversold (17.96 on 30m) – potential for short-term bounce VWAP: Below average – sellers control momentum 🩸 Risk: High probability of a short squeeze if volume spikes
Buy: Near $297–$299, targeting $305 Sell: Near $305–$309, targeting $298 Stop-loss: Below $295 🩸 Breakout Scalping:
Above $310: Long to $318 Below $296: Short to $290 🔥 Mid-Term Trend Forecast (1-3 Weeks) If $310 holds, potential retest of $320 If $296 breaks, freefall to $285 🔥 News & Market Context 🩸 Tesla planning major initiatives in early 2025, including Model Y Juniper launch & self-driving advancements → Bullish Long-Term 🩸 However, short-term market reaction is bearish due to macro pressures
🔥 Decision: 🩸 Short-term: Scalp long near $297, sell at $305+ 🩸 Mid-term: Avoid heavy long positions until $310 breaks 🩸 Ideal Play: Short bounces, enter longs only above $310
👑 Final Verdict: "Survival isn’t about guessing—it’s about acting before the rest wake up." – LucanInvestor
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.