🔎 Big Picture (1D Chart)
TSLA had a solid bounce off that $138–$140 range back in April, and we finally got the trendline break to the upside. But right now… we’re kinda pausing. Price stalled below $280, and the MACD looks like it's rolling over a bit. Also noticed Stoch RSI curling down — not great if you're expecting momentum continuation.
We’re sitting in this tight range just above prior structure — it feels like the market is waiting for something.
🕒 Zooming In (1H Chart)
1H shows a bit more chop than I’d like. There’s clearly some pressure under $278 and buyers haven’t stepped in aggressively. That trendline break we had from April is still valid, but price is walking sideways. Kinda reminds me of distribution vibes unless we reclaim that $284–$286 area quick.
MACD is flat, and Stoch RSI bounced from oversold but isn’t convincing just yet.
🧠 Options Flow + GEX Insight
This is where it gets really interesting…
* Gamma Wall / Call Resistance: $297.50–$300 is the GEX lid. Tons of calls stacked there — if TSLA starts squeezing, that’s the magnet.
* PUT walls: Strongest net negative GEX is at $270, followed by $260. That makes $270 my short-term line in the sand — if we lose it, volatility probably spikes fast.
* HVL (High Volume Level): Lined up with $275–$278 zone. That’s right where price is dancing now.
💡 So the GEX map shows we’re trapped between a wall and a floor. Could be a coil before a breakout — or a fakeout flush before a rip.
💬 My Game Plan
Honestly, I'm playing this one day by day. Here’s how I’m thinking about it:
Scenario A – Breakout
* Entry: $285+ reclaim with volume
* Target: $297.50, then $300
* Options idea: Weekly 290C or 295C lotto if IV stays tame
Scenario B – Breakdown
* Entry: Below $270 with momentum
* Target: $260 zone
* Options idea: 265P or a debit put spread targeting $260 if VIX is friendly
Neutral Trade
* I might scalp inside this range ($270–$280), but it’s tricky. If I see chop, I sit. No reason to force it.
📌 Final Thought
TSLA looks like it’s prepping for something — we’re at a balance point between option pressure and fading momentum. If you’re a scalper, be nimble. If you’re swinging, this might not be the cleanest entry just yet. But when it moves, it’ll move fast.
Trade smart. Protect your capital.
This post is just my view — not financial advice. Do your own research and stay sharp out there!
TSLA had a solid bounce off that $138–$140 range back in April, and we finally got the trendline break to the upside. But right now… we’re kinda pausing. Price stalled below $280, and the MACD looks like it's rolling over a bit. Also noticed Stoch RSI curling down — not great if you're expecting momentum continuation.
We’re sitting in this tight range just above prior structure — it feels like the market is waiting for something.
🕒 Zooming In (1H Chart)
1H shows a bit more chop than I’d like. There’s clearly some pressure under $278 and buyers haven’t stepped in aggressively. That trendline break we had from April is still valid, but price is walking sideways. Kinda reminds me of distribution vibes unless we reclaim that $284–$286 area quick.
MACD is flat, and Stoch RSI bounced from oversold but isn’t convincing just yet.
🧠 Options Flow + GEX Insight
This is where it gets really interesting…
* Gamma Wall / Call Resistance: $297.50–$300 is the GEX lid. Tons of calls stacked there — if TSLA starts squeezing, that’s the magnet.
* PUT walls: Strongest net negative GEX is at $270, followed by $260. That makes $270 my short-term line in the sand — if we lose it, volatility probably spikes fast.
* HVL (High Volume Level): Lined up with $275–$278 zone. That’s right where price is dancing now.
💡 So the GEX map shows we’re trapped between a wall and a floor. Could be a coil before a breakout — or a fakeout flush before a rip.
💬 My Game Plan
Honestly, I'm playing this one day by day. Here’s how I’m thinking about it:
Scenario A – Breakout
* Entry: $285+ reclaim with volume
* Target: $297.50, then $300
* Options idea: Weekly 290C or 295C lotto if IV stays tame
Scenario B – Breakdown
* Entry: Below $270 with momentum
* Target: $260 zone
* Options idea: 265P or a debit put spread targeting $260 if VIX is friendly
Neutral Trade
* I might scalp inside this range ($270–$280), but it’s tricky. If I see chop, I sit. No reason to force it.
📌 Final Thought
TSLA looks like it’s prepping for something — we’re at a balance point between option pressure and fading momentum. If you’re a scalper, be nimble. If you’re swinging, this might not be the cleanest entry just yet. But when it moves, it’ll move fast.
Trade smart. Protect your capital.
This post is just my view — not financial advice. Do your own research and stay sharp out there!
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.
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.