My prediction for TSLA is that today’s sharp drop may be an overreaction and the price is now testing an important support/breakout area around $388–392, which also aligns with the descending trendline shown on the 4H chart. If TSLA can hold this zone and buyers step in, I expect a relief rebound from this level, with the first target around $405–410, followed by a stronger recovery toward $420–440 if momentum improves and the broader market stabilizes. However, the key condition is that TSLA must stay above the recent low near $388; if it breaks below that level and fails to reclaim it, the bullish rebound setup becomes weaker.
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