$TSLA / #Tesla | 1H Trade Setup Position: 🟢 Long Trade Details: Entry: $285.70

$TSLA / #Tesla | 1H Trade Setup

Position: 🟢 Long

Trade Details:
Entry: $285.70
Stop Loss: $280.68
Take Profit: $334.62

● Current Analysis:
Bitcoin has entered a potential short trade zone. The price is currently at $297.32 of weakening bullish momentum. Key indicator, Bearish Divergence, is observed across multiple time frames (4h, 1h, 24m, 12m, 6m), suggesting that the recent upward move may be losing steam, with a potential reversal toward lower liquidity zones.

● Technical Indicators:
Momentum: Bearish Divergence with a 2.25% decrease over the last period supports the short setup, hinting at overbought conditions ripe for a downward correction.
Volume Profile: Not directly visible, but price action implies significant liquidity below current levels, increasing the probability of a downward move.