๐ Technical Analysis:
TSLA (Tesla)
๐๏ธ Updated: March 24, 2025
๐จ Critical Zone Being Tested
After breaking out of a multi-year symmetrical triangle,
TSLA is now retesting the upper boundary of the pattern โ perfectly aligned with the key ACTION ZONE (liquidity zone + long-term MAs).
๐ต ACTION ZONE ($245โ265):
High-probability decision area. Holding this level could trigger a fresh bullish leg.
๐ฃ SWING BOX ($180โ210):
If support fails, this is the next logical area for a potential bullish reaction.
๐ก FVG Daily ($75โ115):
Unmitigated Fair Value Gap. Only relevant in case of a major breakdown.
๐ SMI (Stochastic Momentum Index):
Currently in negative territory, but nearing oversold โ watch for a potential reversal.
๐ฏ Scenarios:
Bullish: Strong rejection from the Action Zone โ potential move to $350โ400 โ
Bearish: Breakdown below the blue zone โ eyes on Swing Box or FVG for reentry โ ๏ธ
๐ Reminder: This is not financial advice. Always manage risk and wait for confirmation before entering a trade.
๐ฌ What do you think? Is Tesla preparing for a bounce or heading lower?
๐ Share your thoughts in the comments!
๐๏ธ Updated: March 24, 2025
๐จ Critical Zone Being Tested
After breaking out of a multi-year symmetrical triangle,
๐ต ACTION ZONE ($245โ265):
High-probability decision area. Holding this level could trigger a fresh bullish leg.
๐ฃ SWING BOX ($180โ210):
If support fails, this is the next logical area for a potential bullish reaction.
๐ก FVG Daily ($75โ115):
Unmitigated Fair Value Gap. Only relevant in case of a major breakdown.
๐ SMI (Stochastic Momentum Index):
Currently in negative territory, but nearing oversold โ watch for a potential reversal.
๐ฏ Scenarios:
Bullish: Strong rejection from the Action Zone โ potential move to $350โ400 โ
Bearish: Breakdown below the blue zone โ eyes on Swing Box or FVG for reentry โ ๏ธ
๐ Reminder: This is not financial advice. Always manage risk and wait for confirmation before entering a trade.
๐ฌ What do you think? Is Tesla preparing for a bounce or heading lower?
๐ Share your thoughts in the comments!
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.
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.