The H4 chart of TESLA shows a bullish breakout forming after a prolonged consolidation phase. Price has been consolidating between 381.63 and 406.55 since the 2026-05-11 low, with recent candles indicating increased buying pressure. The latest candle closed at 381.63, confirming a key support level, while the prior high of 406.55 acts as a critical resistance. Volume has been moderate during this consolidation, but the recent spike on the 2026-06-23 candle suggests renewed interest. The current setup favors a continuation of the upward trend, as price has failed to retest the support level multiple times, indicating strong institutional buying. The…

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