TeslaShort
Tesla Battery Running Flat? Recharge Incoming at $300
Continuing from the previous Tesla breakdown, we can see price has respected the green zone, aligning with the previously called full-swing projection. As price approaches its high, it’s likely to face some retracement before the next significant move.
Key Levels to Watch:
- Point of Interest (POI): The Fair Value Gap (FVG) at the $300 zone presents a high-probability area for price to recharge and gather momentum.
- Next Upside Target: After the retracement, expect a push higher to retest the green zone and potentially make new highs.
Tesla’s price action remains dynamic, with opportunities for both retracements and breakouts. Always ensure proper risk management when navigating these setups.
Conclusion:
Short-term: Retracement to the $300 FVG zone.
Medium-term: Continuation upward targeting the green zone for new highs.
DYOR!
Key Levels to Watch:
- Point of Interest (POI): The Fair Value Gap (FVG) at the $300 zone presents a high-probability area for price to recharge and gather momentum.
- Next Upside Target: After the retracement, expect a push higher to retest the green zone and potentially make new highs.
Tesla’s price action remains dynamic, with opportunities for both retracements and breakouts. Always ensure proper risk management when navigating these setups.
Conclusion:
Short-term: Retracement to the $300 FVG zone.
Medium-term: Continuation upward targeting the green zone for new highs.
DYOR!
Related publications
Disclaimer
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.