Technical analysis by BullBearInsights about Symbol TSLAX on 1/5/2026

TSLA at a Decision Zone — Compression After the Selloff Timeframe: 15-minute
Context: Post-impulse selloff → bear channel → early stabilization Market Structure & Price Action TSLA remains in a short-term bearish structure after a strong impulsive selloff. Price is trading inside a descending channel, respecting lower highs and lower lows. A minor CHoCH has appeared on the intraday bounce, but this is not a full trend reversal yet — more a pause / consolidation within a broader bearish structure. As long as price stays below the upper channel resistance, bears still control the tape. The bounce is corrective, not impulsive. Key Levels to Watch * Resistance (Sell Zone):
457 – 462 → prior supply + channel top + call resistance * Major Resistance / Rejection Area:
467 – 472 → strong CALL wall / gamma resistance * Current Balance Area:
440 – 445 → consolidation / chop zone * Support (Critical):
435 – 430 → highest negative NETGEX / PUT support * Flush Risk Below:
420 – 400 → next downside magnet if support fails GEX & Options Positioning (Dec 5) * Gamma is negative below ~445, meaning price can move faster once support breaks * Largest PUT concentration sits near 430–420, acting as a downside magnet * CALL resistance stacked at 457–472, likely to cap upside unless forced covering begins * IV elevated, favoring directional continuation rather than tight range 👉 This setup favors sell-the-rips until proven otherwise. Trade Scenarios Bearish Continuation (High Probability) * Entry: Rejection at 445–450 or 457 * Targets: * TP1: 435 * TP2: 425–420 * Invalidation: Strong hold above 462 Bullish Reversal (Lower Probability) * Requires clean reclaim and hold above 462 * Targets: * 472 → 492 (gamma resistance zones) * Without volume + momentum expansion, upside moves are likely to fade Bias & Expectations * Primary Bias: Bearish / Range-to-Down * Scalp Bias: Short near resistance, quick profits near PUT support * Swing Bias: Avoid longs unless structure flips above 462 with follow-through Conclusion TSLA is not random here. Price is compressing between PUT support below and CALL resistance above, with structure still favoring bears. Until the upper channel breaks convincingly, rallies are corrective — not trend-changing. This analysis is for educational purposes only and does not constitute financial advice. Always manage risk and confirm with your own strategy.