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Tesla's chart is showing something interesting right now. The stock is sitting on a massive volume shelf—basically a zone where tons of trading activity happened before. These areas? They often act as launch pads.
What's happening: Tesla keeps bouncing around the same price range, building solid support with each test. That's not random—it's accumulation behavior.
The setup looks clean. If momentum picks up, the next logical target sits at 488.54. That level previously acted as both resistance and support, making it a critical zone to watch. Breaking through there could signal the next leg up.
Volume + consolidation + defined target = a trade worth monitoring.