My Technical Analysis for $TSLA (Tesla)๐ Technical Analysis: NASDAQ:TSLA (Tesla)
๐๏ธ Updated: March 24, 2025
๐จ Critical Zone Being Tested
After breaking out of a multi-year symmetrical triangle, NASDAQ: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!