Tesla is hitting a major resistance zone (green box), where a lot of selling is expected. This presents a short opportunity for those looking to trade the pullback.
🎯 Targets: - Target 1: $403 (once this is reached, move your stop-loss to entry price or take your profits) - Target 2: $392 (once this is reached, move your stop-loss to target 1 or take your profits)
🚨 What to Watch: - Wait for Tesla to reach the green box before considering a short position. - If Target 1 is hit, move your stop-loss to entry to reduce risk. - Target 2 offers a solid exit point for taking profits.
This trade is for experienced traders and focuses on short-term pullbacks.
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