Market Sentiment: With a Live Sentiment reading of Bullish and RSI at 57.54, buyers are in control with 25% Buyers' Power against 75% Sellers' Power.
Volatility: Elevated volatility at 64.65% suggests a favourable environment for breakout moves. Multi-Timeframe Trend: Quant AI signals bullish momentum across critical timeframes, notably 2H and 4H, aligning with the broader market direction.
Key Levels:
The entry level at $409.00 is positioned above a strong support zone, with targets set at significant resistance zones identified by Quant AI.
The stop-loss level of $387.28 is well-protected, maintaining a positive risk-to-reward ratio.
Risk Management: This trade offers a balanced risk-to-reward ratio, making it an optimal setup for swing traders looking to capitalize on Tesla’s bullish momentum.
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