🚀Tesla is showing encouraging signs of recovery after a sharp selloff, with buyers pushing price back toward a key supply zone. The rebound has shifted short-term momentum in favor of the bulls, but a major resistance area still stands in the way.

🔱Previously:

📈 Bullish scenario

If buyers can maintain the current momentum and break above the nearby resistance zone, the recovery could extend toward higher supply levels. A successful breakout would strengthen the bullish case and confirm that demand is returning.

📉 Bearish scenario

If sellers defend the resistance, Tesla may experience another pullback toward the lower demand zones. Even so, those support areas remain important and could provide fresh buying opportunities if tested.

The recent bounce suggests that buyers are becoming more active, but the next resistance zone will be the key battleground. How price reacts there will likely determine whether this is the beginning of a larger reversal or simply a temporary recovery.