TSLA Testing $462 – Gamma Ceiling or Breakout? (Oct 2)

Intraday (15-Min Chart)
Tesla has pushed strongly into the $461–$462 zone, where sellers are starting to show up. On the 15-min chart, price is hugging the upper trendline of the short-term channel. Momentum is extended, but both MACD and Stoch RSI suggest buyers are still pressing their advantage.
* Support levels: $457.5 (near-term pivot) and $452 (channel base).
* Upside trigger: If bulls clear $462.5 with conviction, next upside targets open toward 465–468 intraday.
* Downside risk: Failure to hold $457 risks a pullback to 452–445, where dip-buyers may look to reload.
Bias intraday stays bullish above 457, but stretched oscillators warn of potential rejection if $462 caps the move too strongly.

Options / GEX (1-Hour Chart)

Gamma exposure provides a clear map of where TSLA could move next.
* Call walls: Heavy concentrations sit at 465–470, with $470 acting as the largest resistance zone (gamma ceiling).
* Put walls: Anchored around 432–425, setting downside boundaries.
* Sentiment: Call flow dominates (≈74% bullish options positioning), aligning with recent price momentum.
This paints a classic setup: TSLA is coiling directly beneath the $470 gamma wall. A breakout through 470 could trigger a gamma squeeze toward 475–480, but repeated rejections here trap longs and drag price back into mid-450s.

My Thoughts
For Oct 2, TSLA is at an inflection. I’d favor scalps on dips above $457 targeting 465+ with stops tight under $452. For options traders, a 465–470 call spread lines up well with the gamma map, offering defined risk into resistance. Conversely, if $457 fails, short-term puts targeting 445–448 provide hedge coverage.
Bias: Bullish above 457, but watching $470 as the true breakout line that decides whether momentum continues or stalls.