🔥Technical Analysis & Options Outlook
📌 Current Price: $239.92
📌 Trend: Bullish Breakout Attempt
📌 Timeframe: 1-Hour
🔹 Price Action & Market Structure
1. Bullish Momentum – TSLA is pressing against a descending trendline resistance, signaling a potential breakout attempt.
2. Break of Structure (BOS) Confirmed – Higher lows forming after strong demand at the $225 support.
3. Change of Character (ChoCh) Seen – Buyers are stepping in aggressively, but we need confirmation above $245 for a continuation.
4. Key Rejection Zone – $245–$252.50 CALL Resistance area could act as the first challenge.
5. MACD & Stoch RSI – Showing bullish momentum but nearing overbought levels, meaning a potential retracement before continuation.
🔹 Key Levels to Watch
📍 Immediate Resistance:
🔹 $245 – Key breakout level
🔹 $252.50 – Major CALL Resistance (likely profit-taking zone)
🔹 $260+ – Extreme CALL Wall & final bullish target
📍 Immediate Support:
🔻 $235.73 – Current breakout retest level
🔻 $225 – Strong demand zone & PUT Wall
🔻 $217 – Lower risk PUT Wall, deeper retracement zone
📊 Options Flow & GEX Sentiment
* IVR: 55.7 (Moderate Implied Volatility)
* IVx: 78.2 (-0.8%) (Volatility cooling off slightly)
* GEX (Gamma Exposure): Bullish ✅ ✅ ✅
* CALL Wall Resistance: $252.50 – $260 (Sell zones if price surges too fast)
* PUT Wall Support: $225 & $217 (High liquidity demand zones)
📌 Options Insight:
* Above $245, dealers may be forced to hedge by buying, leading to a possible gamma squeeze toward $252–$260.
* Below $235, risk increases for a pullback to $225 PUT liquidity zone before another bounce.
📢 My Thoughts & Trade Recommendation
🔥 Bullish Case: A breakout above $245 could trigger a short squeeze into the $252–$260 range.
⚠️ Bearish Case: If TSLA fails at $245 and retraces below $235, expect a dip to $225 for reloading opportunities.
🎯 Trade Idea (For Educational Purposes)
📌 Bullish Play:
🔹 Entry: Above $245 Breakout
🔹 Target: $252–$260
🔹 Stop Loss: Below $235
📌 Bearish Play (Hedge Idea):
🔻 Entry: Rejection at $245
🔻 Target: $225 PUT Wall
🔻 Stop Loss: Above $250
🚨 Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always perform your own research and manage risk accordingly.
🔥 Final Thoughts: TSLA is at a crucial breakout zone. A strong move above $245 could send it soaring, while failure to break could trigger a rejection toward $225 before the next leg. Stay patient, trade smart! 🚀
📌 Current Price: $239.92
📌 Trend: Bullish Breakout Attempt
📌 Timeframe: 1-Hour
🔹 Price Action & Market Structure
1. Bullish Momentum – TSLA is pressing against a descending trendline resistance, signaling a potential breakout attempt.
2. Break of Structure (BOS) Confirmed – Higher lows forming after strong demand at the $225 support.
3. Change of Character (ChoCh) Seen – Buyers are stepping in aggressively, but we need confirmation above $245 for a continuation.
4. Key Rejection Zone – $245–$252.50 CALL Resistance area could act as the first challenge.
5. MACD & Stoch RSI – Showing bullish momentum but nearing overbought levels, meaning a potential retracement before continuation.
🔹 Key Levels to Watch
📍 Immediate Resistance:
🔹 $245 – Key breakout level
🔹 $252.50 – Major CALL Resistance (likely profit-taking zone)
🔹 $260+ – Extreme CALL Wall & final bullish target
📍 Immediate Support:
🔻 $235.73 – Current breakout retest level
🔻 $225 – Strong demand zone & PUT Wall
🔻 $217 – Lower risk PUT Wall, deeper retracement zone
📊 Options Flow & GEX Sentiment
* IVR: 55.7 (Moderate Implied Volatility)
* IVx: 78.2 (-0.8%) (Volatility cooling off slightly)
* GEX (Gamma Exposure): Bullish ✅ ✅ ✅
* CALL Wall Resistance: $252.50 – $260 (Sell zones if price surges too fast)
* PUT Wall Support: $225 & $217 (High liquidity demand zones)
📌 Options Insight:
* Above $245, dealers may be forced to hedge by buying, leading to a possible gamma squeeze toward $252–$260.
* Below $235, risk increases for a pullback to $225 PUT liquidity zone before another bounce.
📢 My Thoughts & Trade Recommendation
🔥 Bullish Case: A breakout above $245 could trigger a short squeeze into the $252–$260 range.
⚠️ Bearish Case: If TSLA fails at $245 and retraces below $235, expect a dip to $225 for reloading opportunities.
🎯 Trade Idea (For Educational Purposes)
📌 Bullish Play:
🔹 Entry: Above $245 Breakout
🔹 Target: $252–$260
🔹 Stop Loss: Below $235
📌 Bearish Play (Hedge Idea):
🔻 Entry: Rejection at $245
🔻 Target: $225 PUT Wall
🔻 Stop Loss: Above $250
🚨 Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always perform your own research and manage risk accordingly.
🔥 Final Thoughts: TSLA is at a crucial breakout zone. A strong move above $245 could send it soaring, while failure to break could trigger a rejection toward $225 before the next leg. Stay patient, trade smart! 🚀
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.