META: Bearish Momentum and Downside Risk
🔥 LucanInvstor's Strategy:
🩸 Short: Below $586.41, targeting $550 and $520. The MACD remains negative, and the price is below both the 9-day and 200-day EMAs, signaling continued bearish momentum.
🩸 Long: Above $632.94, targeting $650 and $670. The price is still above the 200-day EMA, suggesting long-term bullish potential, but resistance at $632.94 needs to be broken first.
🔥 LucanInvstor's Commands:
🩸 Resistance: $632.94 — A critical resistance level; breaking above this could trigger a return to bullish momentum.
🩸 Support: $586.41 — A key support level; a breakdown below this could lead to further declines.
Meta Platforms is facing bearish pressure, with the MACD confirming a downtrend. A breakdown below support could lead to further declines, while a breakout above resistance may signal a reversal of the current trend.
👑 "Clarity in strategy ensures success."
🩸 Short: Below $586.41, targeting $550 and $520. The MACD remains negative, and the price is below both the 9-day and 200-day EMAs, signaling continued bearish momentum.
🩸 Long: Above $632.94, targeting $650 and $670. The price is still above the 200-day EMA, suggesting long-term bullish potential, but resistance at $632.94 needs to be broken first.
🔥 LucanInvstor's Commands:
🩸 Resistance: $632.94 — A critical resistance level; breaking above this could trigger a return to bullish momentum.
🩸 Support: $586.41 — A key support level; a breakdown below this could lead to further declines.
Meta Platforms is facing bearish pressure, with the MACD confirming a downtrend. A breakdown below support could lead to further declines, while a breakout above resistance may signal a reversal of the current trend.
👑 "Clarity in strategy ensures success."
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.