Tesla
Long

TESLA ($TSLA) "Long" -$600-

240
Tesla (TSLA) on the 4-hour chart.

First thing to mention: Weekly Close in 2days about might print a 2nd Doji.

Key Support and Resistance Levels :
The price is currently testing a crucial support level around $350.

Orange Block, 15min unfilled gap. If we take it out and don't lose Cyan trendline I might even add to the trade.

Dotted Cyan lines, 4h resistances

Price might go to $470 or even new high then do retracement to stop out late Longs.

At $620, Projection of past price. I'll be 90% out before this.

If the price breaks above the cyan trend line and holds above $385 it could signal a bullish reversal.
Conversely, if the price fails to hold above these levels and drops below $350, it may continue its downward trend.

Keep an eye on volume during any breakout attempts. Higher volume can confirm the strength of the move.
Monitor key psychological levels like $400 and $500 for further confirmation.

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