HTF CONTEXT:
TSLA is currently trading inside a major HTF supply zone, which continues to cap upside attempts. Price has shown hesitation and rejection behavior within supply, keeping the market in a decision area rather than clean continuation.
Below current price sits a large imbalance at 358–383, representing inefficient price action that remains unfilled. As long as supply holds, this imbalance acts as a magnet for potential downside rotation.
To unlock higher prices, TSLA must break and accept above HTF supply, which currently ends at 488.54. Until that occurs, upside is structurally limited.
KEY LEVELS & ZONES:
- HTF Supply (Ceiling): Up to 488.54
- Internal / Reaction Supply: Inside HTF supply
- HTF Imbalance (Downside Inefficiency): 358–383
- Bullish Requirement: Clean break + acceptance above 488.54
- Bullish Continuation Zone: Newly formed demand (not yet confirmed)
GAME PLAN:
- While price remains inside or below HTF supply, maintain a neutral-to-defensive bias.
- Failure or rejection within supply keeps downside risk elevated toward the 358–383 imbalance.
- No long thesis while price is capped below 488.54.
- If supply is cleanly broken and accepted, wait patiently for price to retrace into newly formed HTF demand.
- Only consider swing longs after demand is confirmed — no breakout chasing.