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
🔥 Scalping Strategy (5x Leverage)
🩸 Momentum Scalping:
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
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
🔥 Scalping Strategy (5x Leverage)
🩸 Momentum Scalping:
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
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.