TSLA Downtrend Deepens — Key Gamma Floor at $300.41. August 1Tesla, Inc.BATS:TSLABullBearInsightsTSLA Downtrend Deepens — Key Gamma Floor at $300.41 Now in Sight 🔍 GEX & Options Flow Insight (1st Image Analysis) TSLA continues to grind lower, breaking multiple gamma supports and staying pinned near the $306–$307 zone. The GEX profile shows a clear negative gamma environment, which means dealer hedging flows can intensify moves in either direction — but right now, momentum remains firmly bearish. * Call Walls & Resistance: * 📍 $321.36 → 2nd Call Wall (64.81% GEX2) * 📍 $325.00 → Call wall resistance * 📍 $330–$332 → Higher gamma resistance, unlikely in current structure without a strong reversal * Put Walls & Support Zones: * 🛡️ $306.99 → Current price zone, already tested multiple times * 🚨 $300.41 → Highest negative NET GEX / hard gamma floor * 📉 Below $300 → Opens quick downside to $295–$292 * Volatility Insight: * IVR 7.5, IVx Avg 52.9 → Low relative IV in the context of a trending move down * Call flow 39.3% → Bearish tilt despite modest call activity * GEX sentiment: 🔴🔴🔴 = Strong negative gamma → price more sensitive to continued downside flows ✅ Option Trading Suggestion: Bias: Bearish until a firm reclaim of $311–$315 Strategy: Bear put spread * Entry Idea: Buy 305P / Sell 295P (Aug 2 or Aug 9 expiry) * Invalidation: Strong hourly close above $315 * Target: $300 → $295 Why this works: Negative gamma positioning increases the likelihood of a push to $300. If $300 breaks, option dealer hedging can exacerbate selling. 🧠 Technical Analysis (1H Chart) (2nd Image Analysis) Market Structure & SMC: * 🟥 Multiple CHoCH events confirming breakdown structure * ❌ Lost prior BOS levels near $321, then $315, and now hovering above $306 * Trading firmly inside a downward-sloping channel Trendline Dynamics: * Well-defined descending channel from recent highs * Lower bound points toward $300–$295 in coming sessions SMC Zones: * 🟩 Demand Zone: $300–$295 → Last defense before deeper drop * 🟥 Supply Zone (Purple Box): $319–$325 → Major resistance cluster 🔄 Price Action & Key Levels * Support: * ✅ $306.99 → Current defense * 🚨 $300.41 → Critical gamma floor * 📉 $295 → Lower channel target * Resistance: * 🚩 $311.64 → First reclaim needed for relief * 🚩 $319–$321.36 → Key supply & call wall zone 🧭 Scalping / Intraday Trade Setup 🟥 Bearish Setup (Preferred): * Entry: Breakdown below $306 * Target 1: $300.41 * Target 2: $295 * Stop: Above $311 🟩 Bullish Reversal Setup: * Entry: Reclaim of $315 with volume * Target 1: $321 * Target 2: $325 * Stop: Below $311 🔁 Summary Thoughts * TSLA remains in a clear downtrend with a negative gamma backdrop. * $300.41 is the key gamma floor — holding it may see a short-term bounce, breaking it risks a fast flush to $295. * Until bulls reclaim $315, all rallies remain suspect. 🚨 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk accordingly.