Tesla Wave Analysis – 30 March 2026

Tesla: ⬇️ Sell

– Tesla reversed from resistance level 380.00

– Likely to fall to support level 340.00

Tesla recently reversed from the resistance level 380.00 (former strong support, which has been reversing the price from November) standing close to the 50% Fibonacci correction of the upward impulse from June.

The breakout of the resistance level 380.00 accelerated the active impulse wave 3 of the intermediate impulse wave (C) from February.

Tesla can be expected to fall to the next support level 340.00 (target price for the completion of the active impulse wave 3).