#TSLA MUST HOLD $408.28 TO MAINTAIN BULLISH MOMENTUM #Tesla #daytrading

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#Tesla remains trapped inside a massive trading range, but the stock is now approaching a critical short-term decision point.

The key level now is $408.28. #TSLA closed Monday at $411.15 but is trading lower on Tuesday, putting that support level directly in focus.

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The bigger picture remains unchanged. Tesla successfully tested the major support zone between $377.16 and $381.61 last week, an area that was identified as a potential bottoming region after the pullback from May highs.

That support held, buyers stepped in, and the stock has since rebounded.

Now the question is whether the recovery can continue.

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If $TSLA can reclaim and close above $408.28 while finishing higher on the day and above Monday's $411.15 close, the bullish swing trade remains active.

Under that scenario, the next upside target becomes $433.02, which could be reached within the next 3-5 trading days.

A breakout above $433.02 would then shift attention toward much larger resistance levels at $444.62 and $453.96.

The longer-term breakout signal remains a weekly close above $444.62. If Tesla can eventually clear that level, the technical roadmap points toward a potential move into the $540s later this year.

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Until then, a close below $408.28 would trigger a new 3-5 day sell signal.

Initial downside could target $397.09, while a larger pullback would likely revisit the $377.16-$381.61 support zone.

Even then, that area remains a potential accumulation zone for investors looking ahead into the second half of 2026.

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For now, everything comes down to the $408.28 level.

Hold above $408.28, and the path toward $433 remains intact.

Lose it, and Tesla risks another trip back toward support before attempting its next rally.

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Watch the full #TSLA Trading Plan for June 16, 2026, in this short video 🔽

Видео #TSLA MUST HOLD $408.28 TO MAINTAIN BULLISH MOMENTUM #Tesla #daytrading канала Wicked Stocks