TSLA Oct. 9 — Bulls Defending $430 Zone, Eyeing Break Above $444Tesla (TSLA) has been forming a constructive base near the $430 zone after reclaiming momentum from its recent dip. On the 15-minute chart, structure shows a clean BOS (Break of Structure) followed by a minor CHoCH around $437–$438 — indicating consolidation before a possible continuation move. The ascending intraday trendline remains intact, and price is currently holding above short-term liquidity levels.
MACD is curling upward again with momentum building, while the Stoch RSI has reset near the mid-zone and looks ready to push higher — signs that a bullish continuation could resume if TSLA maintains above $433.
On the 1-hour chart, the key HVL sits around $425, which also aligns with gamma support. Above, there’s a visible stack of gamma resistance layers between $442.5 and $452.5, topped by a major call wall near $457.5–$460. This range defines the next battleground for directional momentum.
Support and Resistance Levels:
* Immediate Resistance: $441.33 → $444.0
* Major Resistance (Gamma Wall): $452.5 → $457.5
* Immediate Support: $433.09 → $430.0
* Key Support Zone: $425 → $422
GEX & Options Sentiment (1H GEX Chart):
* The highest positive Call Gamma lies between $444–$457.5, suggesting an upside magnet if TSLA maintains strength.
* Strong Put Support sits at $425–$420, reinforcing the bullish floor from the recent rebound.
* IVR is low (27) and Calls dominate at 62%, indicating bullish skew but with room for volatility expansion if breakout volume increases.
* Gamma exposure shows positive slope above $440, meaning dealer hedging could amplify upside moves once that zone clears.
Trade Scenarios:
Bullish Setup:
* Entry: Above $441.5 breakout confirmation
* Target 1: $448
* Target 2: $452.5
* Stop-Loss: Below $432
* Rationale: Holding above $433 with bullish MACD and rising GEX bias confirms continuation toward $450 zone.
Bearish Setup:
* Entry: Below $430 breakdown
* Target 1: $425
* Target 2: $420
* Stop-Loss: Above $435
* Rationale: A failed retest at $438–$440 with divergence could trigger a short-term retrace to retest gamma support.
TSLA is in a critical consolidation phase. A break above $441.5 could trigger a bullish leg toward $450+, while losing $430 could open a short-term fade to $425. Bulls are defending key ground — but watch for volume confirmation before entering.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
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