Tesla teeters above $368.74 support: Live levels
Tesla is trading just above a key technical support level at $368.74, with the stock near $370.16 and down 2.73% on the session. The article frames the setup as a high-volatility inflection point: a break below support could trigger a sell cascade toward $351.32, then $340 and potentially $320, while a recovery would need to reclaim short-term resistance around $376 and the VWAP near $375.57. Technical indicators remain bearish overall, with Tesla below its 20-day and 200-day simple moving averages, Ichimoku cloud, and SuperTrend. However, RSI near 32.9 suggests oversold conditions, leaving room for a tactical bounce if buyers defend support. Overall, the piece is a chart-focused trading note emphasizing downside pressure, but also highlighting the possibility of a short-term rebound if support holds.