META just hit a major technical confluence zone around $620–625, aligning with previous cycle lows and a deeply oversold RSI (~24).
Every prior RSI flush at this level (2023, early 2024) has marked the start of a new multi-month leg higher.
The current structure mirrors META’s past rhythm — roughly 8–9-month accumulation–expansion cycles.
If this pattern holds, we could be looking at the early phase of the next uptrend targeting the $780–840 zone by mid-2026.
Volume shows heavy post-earnings capitulation, but selling pressure is easing, and buyers are starting to defend support.
Short-term confirmation would come with a close above $650–670, flipping the short-term trend.
📊 Outlook:
Support: $620
Resistance: $670 / $706 / $788
RSI: Oversold, early reversal signals forming
Bias: Neutral → Bullish if $670 reclaims
Cycles, symmetry, and RSI all suggest META might be setting up for its next expansion phase.
Every prior RSI flush at this level (2023, early 2024) has marked the start of a new multi-month leg higher.
The current structure mirrors META’s past rhythm — roughly 8–9-month accumulation–expansion cycles.
If this pattern holds, we could be looking at the early phase of the next uptrend targeting the $780–840 zone by mid-2026.
Volume shows heavy post-earnings capitulation, but selling pressure is easing, and buyers are starting to defend support.
Short-term confirmation would come with a close above $650–670, flipping the short-term trend.
📊 Outlook:
Support: $620
Resistance: $670 / $706 / $788
RSI: Oversold, early reversal signals forming
Bias: Neutral → Bullish if $670 reclaims
Cycles, symmetry, and RSI all suggest META might be setting up for its next expansion phase.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.