Market Overview Trend: Strong Bearish 📉 Resistance: $309.30 → EMA 200 acts as a ceiling Support: $296.00 → Local demand zone Indicators: MACD: Bearish, no reversal confirmation RSI: Oversold (17.96 on 30m) – potential for short-term bounce VWAP: Below average – sellers control momentum 🩸 Risk: High probability of a short squeeze if volume spikes
Buy: Near $297–$299, targeting $305 Sell: Near $305–$309, targeting $298 Stop-loss: Below $295 🩸 Breakout Scalping:
Above $310: Long to $318 Below $296: Short to $290 🔥 Mid-Term Trend Forecast (1-3 Weeks) If $310 holds, potential retest of $320 If $296 breaks, freefall to $285 🔥 News & Market Context 🩸 Tesla planning major initiatives in early 2025, including Model Y Juniper launch & self-driving advancements → Bullish Long-Term 🩸 However, short-term market reaction is bearish due to macro pressures
🔥 Decision: 🩸 Short-term: Scalp long near $297, sell at $305+ 🩸 Mid-term: Avoid heavy long positions until $310 breaks 🩸 Ideal Play: Short bounces, enter longs only above $310
👑 Final Verdict: "Survival isn’t about guessing—it’s about acting before the rest wake up." – LucanInvestor