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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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.
🔥 Kostenlose Premium-Signale – keine unnötigen Worte, nur Ergebnisse
📲 t.me/+LuDQwLtsv9kxYjM1
🎯 Klare Setups, präzise Einstiege, hohe Trefferquote
⚡ Schnelle Updates – verpassen Sie keine Marktbewegung
📲 t.me/+LuDQwLtsv9kxYjM1
🎯 Klare Setups, präzise Einstiege, hohe Trefferquote
⚡ Schnelle Updates – verpassen Sie keine Marktbewegung
Related publications
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.