TSLA at Critical Compression – Will 300 Break or Reject Again?

🔍 Options Sentiment (GEX) Insight:
TSLA is currently sitting just below the $300 call wall — a key resistance level with 71.83% call gamma. This makes $300 a battleground where dealers are likely to defend against upward movement unless there's a significant catalyst or volume thrust. The highest positive call gamma is stacked at $320, making that the next magnet level if $300 is breached with strength.
Below, the $290 level is critical, hosting a major PUT wall and high-volume liquidity (HVL). A break below could trigger acceleration toward $285–$280, where the strongest negative NET GEX exists — signaling potential dealer hedging flows in favor of downside momentum.
Options Trade Ideas:
* Bullish Scenario (Breakout):
* Buy CALL if TSLA breaks and holds above $300, targeting the $310–$317.5 range.
* Ideal setup: Use 310c or 315c, 1–2 weeks out, looking for gamma squeeze.
* Bearish Scenario (Breakdown):
* Buy PUT if TSLA breaks and holds below $290, targeting $285 → $280.
* Ideal contracts: 280p or 285p, especially if IV remains low (IVR is at 21.3).
* Be cautious of chop inside the $290–$300 zone — it's gamma neutral.

📈 1-Hour Technical Structure:

TSLA is trading inside a descending wedge with a bullish CHoCH (Change of Character) confirming near the lower boundary of the wedge. There is a visible bullish OB (order block) between $288–$290, which acted as support in the last two sessions.
* Trendline Resistance from recent highs still caps upward movement unless $300 is reclaimed decisively.
* A strong bullish breakout above $300 could flip the structure fully bullish and initiate trend continuation toward $320.
* Failure to hold $290 could invalidate the CHoCH and confirm a BOS (Break of Structure) back to the downside.
Intraday Trade Scenarios:
* Scalp Long:
* Entry: $297.50 (if holds and reclaims above $300)
* Target: $307 / $310
* Stop: $293.94 (below last swing)
* Scalp Short:
* Entry: Break below $288.77
* Target: $285 → $280
* Stop: $293.94

Final Thoughts:
TSLA is consolidating near a major decision zone. $300 remains the trigger level for a directional move, and option flows suggest an explosive resolution if either side breaks. Stay nimble, wait for confirmation, and trade with clear invalidation in mind.

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