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#TSLA CLOSE ABOVE $402.48 COULD TRIGGER A SHARP BOUNCE #Tesla #daytrading Please ❤️like and 🔁share with fellow Tesla traders/investors #Tesla is approaching a critical technical objective in the $381.61-$382.36 zone, an area that has been projected since the stock broke below rising channel support near $433. After closing Friday at $391, $TSLA is now testing a key decision point that could determine its next major move. * For traders who have been short since the failed test of resistance near $447-$452, the low-$380s represent a logical area to lock in some profits. Tesla could stage a meaningful rebound from this support zone, potentially rallying back into the $440s within 2-3 weeks if buyers step in. * However, the bigger picture remains bearish unless $TSLA can reclaim key resistance levels. First bullish signal – a close above $402.48 would improve the short-term outlook and target $419.81 within 1–2 trading days. Second bullish confirmation – a close above $419.81 could open the door to a rapid move back toward $446.78 in approximately 3–5 trading days. A move above $419.81 would dramatically improve short-term momentum and open the door to a retest of the major June resistance zone. * For now, the most important level is $381.61. If #TSLA closes below that support, the bearish thesis strengthens significantly and the longer-term target of $356.99 becomes the primary objective. In that scenario, traders attempting to buy the dip should reconsider, while short sellers may look for acceleration toward the mid-$350s. So, hold $381.61, and a relief rally into the $440s remains possible. Lose $381.61, and the path toward $356.99 likely comes into focus. * The key resistance level for Monday is $402.48. This level was formerly the bottom of a descending channel. Tesla broke below it on Friday, making it current resistance. Below $402.48, the low-$380s remain likely. Day traders can sell rallies into $402.48, expecting a renewed weakness toward support. So, you can buy near the low-$380s and sell near $402.48 until a breakout occurs. * If you enjoyed this update, please 👍🏻 like and 🔁 share Watch the full #TSLA Trading Plan for June 8, 2026, in this short video 🔽
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