Tesla (TSLA) is displaying strong bullish market structure with clear higher highs and higher lows on the 4-hour timeframe.
**Key Technical Observations:**
📈 **Trend Structure**: Higher highs and higher lows confirm the uptrend is intact.
💪 **Key Support Level**: Proven buyers established at $308.20.
🔄 **Resistance Break & Retest**: TSLA has broken through resistance and is now retesting it from above - a classic bullish signal.
**Potential Scenarios:**
1️⃣ **Retrace to Support**: The logical next step is to retrace to the proven buyers at $308.20 (bearish target at $308.30) before another leg higher. This would offer a lower-risk entry point.
2️⃣ **Direct Move Higher**: We could also just head up to $343.50 from here, either to break up higher or just retest the resistance there.
**Trading Approach:**
Currently retesting broken resistance. Be prepared for either scenario - a retrace to $308.30 or continuation to $343.50. Both paths remain valid within the current bullish structure.
*Not financial advice. Always do your own research and manage risk appropriately.*
Operación activa
the buy order is active and nearing SL but not quite, if we get a strong move down the bearish case could be correct. for trading mentorship and community, message me on telegram : jacesabr_real
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
for trading mentorship and community, message me on telegram : jacesabr_real
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.