On the H4 chart Tesla (Instrument: Tesla) has been carving a descending channel since early May, with the high‑side anchored around the 414‑420 zone and the low‑side testing the 380‑385 area. The latest four‑hour candle closed near the channel’s lower boundary, but the candle body turned bullish, suggesting a potential reversal. Volume surged on the down‑move, confirming the sell pressure, yet the most recent bar showed a notable drop in volume, indicating waning momentum and a possible accumulation phase. With price now perched just above the recent swing low, the market is poised to retest the former resistance around 408‑410,…

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