Following a liquidity sweep and several confirmed Breaks of Structure (BoS), META has shown a bullish market shift. Price is currently hovering near $592.49 after a strong rally.
There is a clearly defined demand zone around the $555–$570 area (highlighted in green). If price retraces to this zone and holds, it could act as a launchpad for a continuation move toward the $636.95 target, aligned with a previous structural high and potential supply.
The setup reflects strong smart money behavior—monitor price reaction at the demand zone for bullish confirmation before engaging.
There is a clearly defined demand zone around the $555–$570 area (highlighted in green). If price retraces to this zone and holds, it could act as a launchpad for a continuation move toward the $636.95 target, aligned with a previous structural high and potential supply.
The setup reflects strong smart money behavior—monitor price reaction at the demand zone for bullish confirmation before engaging.
Trade closed: target reached
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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.