META 🩸 Current Price: $585.51 (-0.97%) META is struggling near the $590 level, showing declining momentum. The price has fallen below the 9 EMA and is testing the 200 EMA, which is a critical support zone.
🔥 LucanInvestor’s Commands: 🩸 Resistance: $605.72. A breakout may target $613 and $620. 🩸 Support: $585. If breached, expect further declines to $575 and $560.
🔥 LucanInvestor’s Strategy: 🩸 Short: Below $585, aim for $575 and $560. Stop-loss above $590. 🩸 Long: Above $605, target $613 and $620 with a tight stop-loss.
🩸 Market Context: The MACD is bearish, with declining histogram bars suggesting weakening momentum. Trading volume remains lower than the 30-day average, indicating caution among market participants.
👑 "Adaptation is survival. Only those who act decisively in shifting conditions will thrive." — LucanInvestor