Tesla Leveraged ETFs Hit A Death Cross: Is A Short Squeeze Next For TSLL, TSLR?

1. TSLA stock down over 30% YTD, impacting leveraged ETFs TSLL and TSLR significantly. 2. Both ETFs showed a 'Death Cross,' indicating potential for prolonged downside. 3. Despite bearish trends, TSLA is above its 20-day moving averages, signaling short-term pressure. 4. Potential for a short squeeze exists if TSLA maintains above shorter-term averages. 5. Traders face a dilemma: ride bearish momentum or bet on a turnaround.