While watching the market, I found that the $TSLAX trading board is quite interesting... The current price is $411.41, and this sudden increase in volume at this position indicates that short-term capital has clearly started to move.
I will first look at a few key levels, focusing on the area around $400, which is considered the first level of support. If it really pulls back and doesn't break this level, it indicates that buying support is still present. For resistance above, I will first look at $430; if it breaks through with increased volume, there will be space for further upward movement.
There isn't much information on $TSLAX, so I will first analyze it according to high volatility stocks. The pace will be very fast, and both upward surges and pullbacks could be quite fierce.
My own feeling is that this kind of trading board volatility is most dangerous when chasing at the peak of emotions. If you want to trade, it's better to wait for a pullback confirmation; otherwise, it’s easy to get thrown off... First, let's see if it can stabilize above $400 before deciding whether to continue following it.
#$TSLAX #trading board volatility #Binance Square
I will first look at a few key levels, focusing on the area around $400, which is considered the first level of support. If it really pulls back and doesn't break this level, it indicates that buying support is still present. For resistance above, I will first look at $430; if it breaks through with increased volume, there will be space for further upward movement.
There isn't much information on $TSLAX, so I will first analyze it according to high volatility stocks. The pace will be very fast, and both upward surges and pullbacks could be quite fierce.
My own feeling is that this kind of trading board volatility is most dangerous when chasing at the peak of emotions. If you want to trade, it's better to wait for a pullback confirmation; otherwise, it’s easy to get thrown off... First, let's see if it can stabilize above $400 before deciding whether to continue following it.
#$TSLAX #trading board volatility #Binance Square