TSLA Reversal or Continuation? Gamma Magnet at Work – Watch This

⚠️ Technical Analysis (TA) – Intraday Setup

Current Price Zone: ~$268.41
* TSLA recently broke structure to the upside (BOS) after a strong rally from the previous CHoCH zone near $230–240.
* After tapping into the supply zone at $282–288, price has pulled back toward $267–268.
* Still trading above all major recent swing lows and inside a potential retracement zone.

Indicators:
* MACD: Bearish cross, momentum slowing after breakout.
* Stoch RSI: Oversold, suggesting a possible bounce opportunity.

🔐 Key Zones

Support Levels:
* 267.50–268.00 → HVL + consolidation zone; key intraday pivot.
* 255 → Strong demand / GEX support zone.
* 250 → PUT wall and prior consolidation base.

Resistance Levels:
* 282.5–288 → Supply zone + 2nd CALL Wall.
* 300 → Gamma Wall and highest positive GEX — strong resistance unless momentum breakout.

🧠 GEX & Options Flow (TanukiTrade Sentiment)

* GEX Sentiment: 🟢🟢🟢 — Fully Bullish
* IVR: 62.7 → High implied volatility, tradable swings.
* IVx avg: 81.2
* CALL$%: 32.4% → Bullish call flow dominates.

* Support Walls:
* 255 (PUT Wall 1)
* 250 (Put Support)
* Resistance Walls:
* 282.5 (CALL Wall 2)
* 300 (Gamma Wall)

📌 With strong bullish options flow and GEX positioning, market makers are likely to support pullbacks and encourage reversion higher unless 255 breaks.

🛠️ Trade Scenarios
📈 Bullish Setup – Rebound from 267–268 Zone
* Price respects current HVL zone and shows reversal signs.
* Entry: Break above 270 or reclaim with volume.
* Target 1: 275
* Target 2: 282.5
* Target 3: 288–300 (extended breakout)
* Stop-Loss: Below 265

* Options Play:
* Long Apr 12 $275 Calls
* Aggressive: $280/$290 Call Spread targeting breakout to Gamma Wall

📉 Bearish Setup – Breakdown Below 267
* If 267 fails and price breaks into lower zone.
* Entry: Break below 265 with strong volume
* Target 1: 255
* Target 2: 250
* Stop-Loss: Above 270

* Options Play:
* Long Apr 12 $260 Puts
* Debit Spread: Buy $265 / Sell $255 Puts

🧭 Final Thoughts & Bias
* Bias: Bullish unless 267 fails.
* Key Level: 267.5 (gamma pivot) – price staying above suggests bullish continuation.
* GEX Implication: Dealers are long calls and may hedge by buying dips → supportive near 255–267.

📍 Ideal play today: Watch for early reversal near 267, and scale into calls on confirmation.

📛 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk.