TSLA continues to trade within a clearly defined descending channel, with price repeatedly respecting both the upper and lower boundaries. The recent move lower shows that sellers remain in control and the broader bearish structure is still intact.
Price is now testing a key support zone inside the channel. If this area breaks decisively, a brief retest could follow before the decline continues toward the 357.00 target, near the lower boundary of the channel.
However, if buyers manage to defend this zone and push price back above it, the bearish setup would weaken and a stronger recovery could develop.
Always wait for confirmation and manage your risk carefully.
Best of luck!
Price is now testing a key support zone inside the channel. If this area breaks decisively, a brief retest could follow before the decline continues toward the 357.00 target, near the lower boundary of the channel.
However, if buyers manage to defend this zone and push price back above it, the bearish setup would weaken and a stronger recovery could develop.
Always wait for confirmation and manage your risk carefully.
Best of luck!
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.