Tesla (TSLA) is testing a long-term descending trendline while facing strong resistance near the current price. The rejection from this dynamic resistance suggests sellers may regain control if price fails to break higher.
As long as the trendline remains intact, a bearish move toward the highlighted target at **393.36** is favored. A decisive breakout above the trendline would invalidate this bearish outlook.
**🎯 Target:** **393.36**
As long as the trendline remains intact, a bearish move toward the highlighted target at **393.36** is favored. A decisive breakout above the trendline would invalidate this bearish outlook.
**🎯 Target:** **393.36**
Trade active
active Trade closed: target reached
target hitt
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