Tesla at $411 Faces Key Resistance — Breakdown Favored This WeeTesla, Inc.BATS:TSLACrowdWisdomTradingCurrent Price: 411.82 Direction: SHORT Confidence level: 55%(Several professional traders highlight repeated failure near $416–$420 and downside risk below $400, while social sentiment offers limited confirmation, leading to moderate conviction.) Targets Target 1: 400 Target 2: 385 Stop Levels Stop 1: 416 Stop 2: 425 Wisdom of Professional Traders: This analysis synthesizes insights from thousands of professional traders and market experts, combining what traders are saying across platforms to spot good setups. The collective wisdom right now shows Tesla struggling to reclaim higher ground, with many traders focused on downside risk unless a clean breakout occurs. Key Insights: Here’s what’s driving this setup. Several professional traders repeatedly described Tesla as range‑bound and compressed, with price stuck below key moving averages. What caught my attention is how often traders flagged the $416–$420 zone as a hard ceiling. Every push into that area has stalled, and traders consistently warned that failed breakouts here favor downside continuation. Another thing worth noting is downside asymmetry. Multiple traders highlighted that losing the $400 area opens the door quickly toward the high $380s. There’s also chatter around heavier options activity and dark pool prints, which traders often interpret as positioning ahead of volatility rather than confidence in upside follow‑through. Recent Performance: You can see this hesitation clearly in the tape. Tesla is down on the week, drifting sideways after failing to regain momentum from prior highs near $440+. Volume has been lighter than average on up days, while sell‑offs have been sharper. That price behavior usually tells me buyers aren’t fully committed at these levels. Expert Analysis: Traders I’m tracking keep coming back to structure. Many pointed out that Tesla remains below important short‑ and medium‑term averages, and several mentioned the risk of a bearish continuation if $409–$400 doesn’t hold. While a few traders discussed a potential upside move, they were clear it only activates above $416 with follow‑through — something we haven’t seen yet. What tilts me toward a short is frequency. More traders mentioned downside scenarios toward $400 and $385 than upside extensions this week. That imbalance matters when confidence isn’t high. News Impact: The news flow isn’t helping bulls much either. Legal headlines around the Autopilot verdict and ongoing competition in autonomous driving are adding friction. At the same time, positive long‑term robotaxi stories haven’t translated into short‑term buying pressure, which traders often read as exhaustion near resistance. Trading Recommendation: Here’s my take. I’m favoring a SHORT position while Tesla trades below $416, targeting a move back to $400 first and potentially $385 if selling accelerates. Risk is clearly defined — a sustained push above $416 invalidates this setup, and $425 is the line in the sand. Position sizing should stay modest given the mixed signals, but the risk‑reward still favors downside this week.