Tesla 
TSLA is sitting at a decision point — testing the edge of the Ichimoku cloud while momentum resets. The setup isn’t confirmed, but the risk/reward is compelling for those watching structure.
🔍 Technical Breakdown
Cloud Support: Price is holding right at the top of the cloud. A breakdown would signal trend weakness, but for now, it's a potential bounce zone.
MACD: Momentum has cooled off, but no bullish crossover yet. Early signs of a flattening histogram could suggest a pivot.
Structure: Horizontal support near $292–295 has held multiple times. If this zone holds again, the upside target opens up quickly.
🎯 Trade Specs
Entry: $296.88
Target: $385.50 (+29.93%)
Stop: $274.21 (–7.66%)
Risk/Reward: 3.91 — solid asymmetry
💡 Trading Insight:
This isn’t about calling bottoms — it’s about defining risk. When price compresses at known support, and you’ve got a 3.9 R/R profile, you don’t need to be right often to be profitable.
TSLA is sitting at a decision point — testing the edge of the Ichimoku cloud while momentum resets. The setup isn’t confirmed, but the risk/reward is compelling for those watching structure.🔍 Technical Breakdown
Cloud Support: Price is holding right at the top of the cloud. A breakdown would signal trend weakness, but for now, it's a potential bounce zone.
MACD: Momentum has cooled off, but no bullish crossover yet. Early signs of a flattening histogram could suggest a pivot.
Structure: Horizontal support near $292–295 has held multiple times. If this zone holds again, the upside target opens up quickly.
🎯 Trade Specs
Entry: $296.88
Target: $385.50 (+29.93%)
Stop: $274.21 (–7.66%)
Risk/Reward: 3.91 — solid asymmetry
💡 Trading Insight:
This isn’t about calling bottoms — it’s about defining risk. When price compresses at known support, and you’ve got a 3.9 R/R profile, you don’t need to be right often to be profitable.
If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
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.
If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
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.