Tesla (TSLA) 4H Market Structure Analysis

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Tesla (TSLA) 4H Market Structure AnalysisTesla, Inc.BATS:TSLAJohnOscar_Market_Structure๐Ÿ“Š๐Ÿš— Tesla (TSLA) 4H Market Structure Analysis ๐Ÿงญ 1๏ธโƒฃ Overall Market Structure โ€“ Bearish Bias Within Range On the 4-hour timeframe, TSLA is trading inside a well-defined horizontal range: ๐Ÿ”ต Major Resistance: ~490โ€“500 ๐Ÿ”ต Major Support: ~385โ€“395 ๐Ÿ”ด 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: ๐Ÿ“‰ Lower highs forming since the 500 rejection ๐Ÿ“‰ Strong impulsive drop from resistance ๐Ÿ” Consolidation near support This reflects a distribution phase after a major rejection at resistance. ๐Ÿงฑ 2๏ธโƒฃ Resistance Zone Analysis (~490โ€“500) ๐Ÿšซ Multiple rejections Liquidity sweep above prior high (marked with flag) Strong bearish reaction afterward This confirms: ๐Ÿง  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. ๐ŸŸฆ 3๏ธโƒฃ Support Zone Analysis (~385โ€“395) ๐Ÿ›ก๏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 360โ€“350. โš ๏ธ 4๏ธโƒฃ 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: ๐Ÿ“‰ Weak bullish continuation ๐Ÿ“ฆ Transition into distribution Gap near 435 now acts as supply. ๐Ÿ“Œ 5๏ธโƒฃ Current Price Position (~402) Price is: Below mid-range resistance (434) Hovering above major support (390) Printing smaller candles (volatility compression) This suggests: โš–๏ธ Market is preparing for expansion โ€” breakout likely within coming sessions. ๐Ÿ”ฎ Scenario Outlook ๐Ÿ‚ Bullish Scenario If price: Holds 390 support Breaks above 415 โ†’ 435 Then upside targets: ๐ŸŽฏ 455 ๐ŸŽฏ 480 ๐ŸŽฏ 495 But bulls must reclaim 435 decisively. ๐Ÿป Bearish Scenario (Higher Probability Currently) If price: Breaks below 385 with strong momentum Then downside targets: ๐ŸŽฏ 360 ๐ŸŽฏ 340 ๐ŸŽฏ 320 (if broader market weak) Liquidity sits below equal lows โ€” a sweep is very possible. ๐Ÿ“Š Professional Summary FactorBias Higher Timeframe StructureBearish MomentumWeak / Consolidating Position in RangeLower Half Risk of BreakdownHigh Confirmation Level385 support ๐Ÿง  Trading Insight This is a range-bound distribution structure. Smart approach: โš ๏ธ Avoid chasing in middle of range โœ… Buy near support with tight invalidation โœ… Short near 435โ€“455 rejection ๐Ÿ”ฅ Aggressive short on clean breakdown below 385