Jun. 12 at 1:49 PM
$TSLA – Attempting Recovery After Breakdown
Key Resistance:
$325.08 →
$326.48 →
$329.00
Support Levels:
$321.54 →
$318.13 →
$315.25
Technical Summary:
• Breakdown from lower high (
$LH) structure led to extended selling into
$318.
• EMAs are bearishly stacked; price below VWAP and anchored supply zone.
• Volume surge on morning bounce into
$323.40, but struggling under supply.
• RSI still under neutral zone.
Structure Note:
Oversold bounce from
$318 zone. Sellers stepped back in under
$325.08. Now testing supply-to-neutral transition.
Bullish Plan:
Above
$323.40 with volume → Reclaim
$325.08 and squeeze to
$326.48
Over
$326.48 → Full retrace to
$329 possible
Bearish Plan:
Failure at
$323.40 → Rejection zone opens path toward
$321.54 and
$318
Under
$318 = trigger short toward
$315.25 on trend continuation
Needs strong reclaim of
$325.08 to flip momentum. Otherwise, sellers remain in control below
$323.
