Meta (META) Under Pressure as Price Holds Below Key SupportMETA PLATFORMS INC / US DOLLARPYTH:METAJohn_IsigeMeta Platforms (META) is trading around $606.00, remaining under pressure as the stock continues to move within a global corrective structure. ⸻ Market Structure On the daily timeframe, META is forming a broadening pattern with dynamic boundaries between $800 and $620. •Price is currently below the key $620 support, confirming bearish dominance •The structure suggests continuation of a corrective downtrend On the H4 timeframe: •Price is approaching the $600 level, a previous local low •A breakdown may trigger further downside acceleration However, a move above $630–631 could shift momentum back into a corrective rebound. ⸻ Technical Signals Indicators confirm bearish momentum: •Alligator indicator: fast EMAs below signal line (bearish alignment) •Awesome Oscillator: below zero, forming negative bars •No signs of reversal yet This setup supports continuation of the downtrend unless key resistance is reclaimed. ⸻ Key Levels Resistance •631.00 •684.00 Support •588.00 •530.00 ⸻ Trading Scenarios Bearish Scenario Sell below 588.00 •Entry: 587.95 •Target: 530.00 •Stop-loss: 610.00 •Timeframe: 7+ days Breakdown confirms continuation of bearish impulse. ⸻ Bullish Scenario Buy above 631.00 •Entry: 631.05 •Target: 684.00 •Stop-loss: 610.00 Recovery above resistance signals shift into corrective upside. ⸻ Outlook META remains in a bearish corrective phase, with price below key structural support. The $588 breakdown level is critical for continuation lower, while only a move above $631 would weaken bearish pressure.