Tesla needs to bounce here, or it's over. The target of the trade is the upper bound of the declining channel, around $225.
It looks weak overall, so be careful with sizing and use a stop loss.
If it doesn't bounce here you can switch position and short it towards the 2023 low around $101.
It looks weak overall, so be careful with sizing and use a stop loss.
If it doesn't bounce here you can switch position and short it towards the 2023 low around $101.
Trade closed: stop reached:
TESLA didn't make it. Time to go short...
Elevate your trading journey with Inuali – your compass to navigate the crypto market.
inuali.com/tv
inuali.com/tv