Meta Platforms (META) has been trading within a Channel Down since its August 13 2025 High displaying strong structural symmetry with the current move being a Bullish Leg, the 2nd of this pattern.
This was initiated after an oversold 1D RSI and a -30% decline from the previous Lower High. Right now it is approaching the 1D MA200 (orange trend-line), which is a Resistance level that only broke once since October 30 2025.
An overbought 1D RSI would be ideal to compliment that, but even without it, the market seems technically ready to initiated the 3rd Bearish Leg of the Channel Down towards the next Support, the 1W MA200 (red trend-line). Another -30% decline will target $500.
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This was initiated after an oversold 1D RSI and a -30% decline from the previous Lower High. Right now it is approaching the 1D MA200 (orange trend-line), which is a Resistance level that only broke once since October 30 2025.
An overbought 1D RSI would be ideal to compliment that, but even without it, the market seems technically ready to initiated the 3rd Bearish Leg of the Channel Down towards the next Support, the 1W MA200 (red trend-line). Another -30% decline will target $500.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
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I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.