META:Will META Rebound or Continue Downward? Key Levels to Watch
META, the price seems to have pulled back after a recent drop and is showing a bit of a rebound from the support zone around $561-$569. The volume suggests selling pressure is fading as the price approaches a previous consolidation area. Resistance levels around $570-$584 may challenge further upward movement.
For tomorrow through the weekend:
If META holds above the $569 support level, it could attempt to push toward $584 or higher.
If it breaks down below $569, it could retest the lower support levels near $561 or lower.
Overall, it looks like the price action may consolidate or attempt a bounce in the short term.
Keep an eye on volume and momentum to see if the recovery holds or fades.
For tomorrow through the weekend:
If META holds above the $569 support level, it could attempt to push toward $584 or higher.
If it breaks down below $569, it could retest the lower support levels near $561 or lower.
Overall, it looks like the price action may consolidate or attempt a bounce in the short term.
Keep an eye on volume and momentum to see if the recovery holds or fades.
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