Tesla Stock About To Break $500? TSLA Monthly Chart Analysis

Tesla Stock Monthly Chart Analysis: Is TSLA Preparing for a Big Breakout?

Tesla stock is once again attracting strong investor attention as the monthly chart shows renewed bullish momentum. The long-term structure of TSLA remains positive, with the stock forming higher highs and higher lows, indicating that buyers are still in control.

After a powerful rally from the $200 zone, Tesla recently approached the $480–$500 resistance area. This level has acted as a strong supply zone in the past, and price has faced rejection here multiple times. A clean breakout above $500 could trigger the next major bullish move and open the door for new all-time highs.

On the downside, immediate support is seen near $400, which is currently acting as a short-term demand zone. Below this, strong support sits around $340–$350. If the stock falls under this level, a deeper correction may begin.

NVIDIA Stock Technical Analysis Today – Intraday Breakout & Bullish Setup

Looking at indicators, the MACD shows a bullish crossover with positive histogram bars, signaling increasing upward momentum. Volume has also expanded during the recent rally, confirming genuine buying pressure rather than weak speculative moves.

Overall, Tesla’s long-term trend remains bullish. As long as the stock holds above key support levels, dips may offer buying opportunities for swing and positional traders. However, a breakout above $500 will be the key signal for the next big move.

Key Levels to Watch

Resistance: $480 – $500
Support: $400
Major Support: $340 – $350

Conclusion

Tesla stock continues to show strength on the monthly timeframe. Investors should watch for a breakout above resistance or a bounce from support to plan their next trade effectively.