Tesla (TSLA) 4H Market Structure AnalysisTesla, Inc.BATS:TSLAJohnOscar_Market_Structure๐๐ Tesla (TSLA) 4H Market Structure Analysis ๐งญ 1๏ธโฃ Overall Market Structure โ Bearish Bias Within Range On the 4-hour timeframe, TSLA is trading inside a well-defined horizontal range: ๐ต Major Resistance: ~490โ500 ๐ต Major Support: ~385โ395 ๐ด Mid-Range Level: ~434.85 (acting as key supply) Price is currently around 402, trading in the lower half of the range โ indicating relative weakness. Structure shows: ๐ Lower highs forming since the 500 rejection ๐ Strong impulsive drop from resistance ๐ Consolidation near support This reflects a distribution phase after a major rejection at resistance. ๐งฑ 2๏ธโฃ Resistance Zone Analysis (~490โ500) ๐ซ Multiple rejections Liquidity sweep above prior high (marked with flag) Strong bearish reaction afterward This confirms: ๐ง Smart money likely distributed positions above 490 before pushing price lower. As long as price remains below 435 and especially below 455, the upside remains capped. ๐ฆ 3๏ธโฃ Support Zone Analysis (~385โ395) ๐ก๏ธ Multiple reactions from this area Strong bounce previously Equal lows liquidity resting below This is a high-probability demand zone. However: Repeated testing weakens support. A clean break below 385 could trigger acceleration toward 360โ350. โ ๏ธ 4๏ธโฃ Gap Behavior (Liquidity & Imbalance) Several gaps are marked in the chart: Upside gaps during bullish expansion Downside gaps during distribution phase Most upside gaps were later filled, confirming: ๐ Weak bullish continuation ๐ฆ Transition into distribution Gap near 435 now acts as supply. ๐ 5๏ธโฃ Current Price Position (~402) Price is: Below mid-range resistance (434) Hovering above major support (390) Printing smaller candles (volatility compression) This suggests: โ๏ธ Market is preparing for expansion โ breakout likely within coming sessions. ๐ฎ Scenario Outlook ๐ Bullish Scenario If price: Holds 390 support Breaks above 415 โ 435 Then upside targets: ๐ฏ 455 ๐ฏ 480 ๐ฏ 495 But bulls must reclaim 435 decisively. ๐ป Bearish Scenario (Higher Probability Currently) If price: Breaks below 385 with strong momentum Then downside targets: ๐ฏ 360 ๐ฏ 340 ๐ฏ 320 (if broader market weak) Liquidity sits below equal lows โ a sweep is very possible. ๐ Professional Summary FactorBias Higher Timeframe StructureBearish MomentumWeak / Consolidating Position in RangeLower Half Risk of BreakdownHigh Confirmation Level385 support ๐ง Trading Insight This is a range-bound distribution structure. Smart approach: โ ๏ธ Avoid chasing in middle of range โ Buy near support with tight invalidation โ Short near 435โ455 rejection ๐ฅ Aggressive short on clean breakdown below 385