Sep. 7 at 8:43 PM
$TELA | TELA Bio, Inc. (Healthcare / Medical Devices & Technology 🏥🔬⚡)
$TELA is compressing inside a falling wedge / descending channel on the 8H chart, bouncing directly off its
$0.5011 macro 52-week low demand floor. The stock is holding near its
$0.5400–
$0.6700 volume profile support zone with RSI turning up from oversold conditions. Reclaiming
$0.8500 opens a clear liquidity gap push back toward upper supply levels.
Key Technical Levels:
• Confirmation Trigger:
$0.8500 🚀
• Pivot Support:
$0.5400 🐂
• Overhead Target 1:
$1.0700 🎯
• Overhead Target 2:
$1.2800 💰
• Downside Risk Level:
$0.5011 🐻
• Stop Loss:
$0.4800 🔴
Flow & Market Bias:
Structure: 8H Descending Wedge Compression / 52-Week Low Demand Floor Bounce
Bias: Bullish above
$0.5400
#TELA #optionsflow #stockmarket #technicalanalysis #swingtrading #hovdid