META Stock: Ascending Channel Signals the Next Big Move

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• Price is moving inside a clear Ascending Channel
• Overall bullish structure remains valid
• The recent pullback is a corrective move, not a trend reversal

Key Technical Levels
• Upper channel resistance: 735–740
• Mid-channel (decision zone): 670–680
• Lower channel support: 600–610 (major support)

Moving Average (MA)
• Price has reclaimed the moving average
• MA is acting as dynamic support
• Losing the MA increases downside momentum

🟢 Bullish Scenario (Long Setup)

Condition:
• Price holds above 700–705
• Confirmation above the channel midline

Targets:
1. 735
2. 760
3. Extension: 780–800

🛑 Stop Loss (Bullish):
• Aggressive SL: 685 (below mid-channel)
• Safe SL: 660 (below MA + structure support)

➡️ Best risk/reward comes from entries near 700 with SL at 660

🔴 Bearish Scenario (Pullback / Short Setup)

Condition:
• Price loses 670–660
• MA flips into resistance

Targets:
1. 630
2. 600 (lower channel)

🛑 Stop Loss (Bearish):
• Above: 705–710
• Or a daily close back inside mid-channel

Final Take
• META is in a high-impact decision zone
• Bulls remain in control as long as price stays above 660
• A break below 600 would invalidate the bullish channel

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