Tesla Chart Signals Pressure: $364 Caps Upside, $344 Tests Buyers
$Tesla Motors(TSLA)$ chart for key levels (explained)
1. $364 Previous breakout level, now key resistance flip. Held prior consolidation range, now acting as strong supply zone.
Probability: 85% (already tested / reacting here)
2. $344 Mid-range support from accumulation base
High volume node, buyers previously stepped in aggressively here.
Probability: 60% (likely short-term bounce area)
3. $325 Strong support before major breakout expansion move. Last defended level before trend acceleration toward highs.
Probability: 40% (if selling momentum continues lower)
4. $300 Major psychological level + trendline confluence support Round number + long-term moving average support zone.
Probability: 20% (requires broader market weakness / panic)
Trader Sentiment:
Bearish below $364 → rallies likely sold.
Watch $344 for bounce, lose that → acceleration lower.
Does this help at all?
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