TSLA Short Setup – Fading the July 7 Gap Fill

TSLA Short Setup – Fading the July 7 Gap Fill 📉

This short idea on TSLA builds off a key gap fill from Monday, July 7, combined with a strong local volume profile and risk-reward alignment on the 15-minute chart.

Entry: $312.76
Stop Loss: $314.81 (above gap resistance and local high)
Target: $299.89 (gap base and volume shelf)
RR: ~6.3R

Why I'm shorting here:

TSLA has just filled the July 7 gap, which often acts as a technical resistance zone on retest.

Price stalled right as it completed the fill — with visible hesitation and selling pressure stepping in.

VRVP shows low liquidity above, suggesting diminished reward for upside continuation.

Below, there's a clean volume shelf around $294–$300 that could attract price if weakness confirms.

Trade Logic:
This is a classic fade-the-gap-fill setup, targeting the lower edge of the volume cluster for a potential bounce or reversal zone.

As always: size accordingly, stick to the stop, and don’t chase if the entry’s already gone.

Thoughts? Anyone else watching this gap level?