⚠️Just when it looked like Tesla was heading for a breakdown, we got a sharp bounce off the $290 level — and traders are watching closely. But here’s the twist: the move came after a headline-heavy week featuring none other than Trump vs. Elon.
🗞️ According to Politico, tensions flared after Trump made comments suggesting EVs were "doomed without government subsidies." Elon clapped back, defending Tesla’s profitability and independence. This added pressure on TSLA... and then came the bounce. Coincidence? Or whales buying fear?
📥 Entry Zones
• $290 – Strong demand zone, tested and respected
• $275 – Deeper retest if market pulls back
• $240 – Extreme fear level, unlikely unless macro worsens
🎯 Profit Targets
• $305 – Gap-fill magnet
• $320 – Resistance test
• $355+ – If Robotaxi or AI hype returns in force
🗞️ According to Politico, tensions flared after Trump made comments suggesting EVs were "doomed without government subsidies." Elon clapped back, defending Tesla’s profitability and independence. This added pressure on TSLA... and then came the bounce. Coincidence? Or whales buying fear?
📥 Entry Zones
• $290 – Strong demand zone, tested and respected
• $275 – Deeper retest if market pulls back
• $240 – Extreme fear level, unlikely unless macro worsens
🎯 Profit Targets
• $305 – Gap-fill magnet
• $320 – Resistance test
• $355+ – If Robotaxi or AI hype returns in force
Trade active
$320 – Resistance test reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.