$TSLL – Major Reversal in Play? Is tesla finally back???
TSLL has been in a prolonged downtrend but is now showing signs of a potential bottoming pattern. Price recently tested a key support zone between $6.26 and $7.18, holding firmly after multiple attempts to break lower.
Current price action is forming a strong base, and the first green candle breaking out of this range suggests momentum may be shifting.
The upside target is set near $20, which lines up with a previous consolidation zone and psychological resistance. A break and hold above current levels could trigger a strong move higher.
Risk is defined below support, making this a favorable risk-to-reward setup. Watching closely for follow-through confirmation.