META Holds Bullish Structure Above 653.17 Pivot
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META's price action remains anchored above the 653.17 support zone, a level that has repeatedly absorbed selling pressure through October. This base has kept the broader uptrend intact even as investors weigh AI capex concerns into Q3 earnings.
A decisive close above 734.84 would confirm a fresh bullish breakout, clearing the path toward the next resistance band at 777.60/793.70. Until that trigger fires, price is effectively consolidating within a defined range, with momentum traders watching for a volume spike to validate the move.
Failure to hold 653.17 would shift the technical bias neutral-to-bearish, making this pivot the key line in the sand for swing positioning around the earnings catalyst.