META: The Reversal Zone | Short term Swing Long Trade Plan

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META: The Reversal Zone | Short term Swing Long Trade PlanMeta Platforms, Inc.NASDAQ:METAGoldenTraderz_2025The chart shows the price has fallen sharply and is currently testing a zone where three significant technical features converge: Long-Term Trend Line (Yellow): The price has fallen back to the long-term ascending yellow trend line. This line represents the primary bullish trend established since the major low (around 2022/2023). A successful bounce here is essential for maintaining the longer-term uptrend. Horizontal Pivot Line (Pink/White): The current price is sitting directly on the horizontal support/resistance line (pink or white line near the price). This level acted as a strong pivot point in the past, suggesting significant trading interest. Breakout Retest (Red Line): The price is also re-testing the long-term descending red trend line from which it previously broke out. This former resistance line often turns into new support. Conclusion: The convergence of the ascending yellow trend line, the horizontal pivot, and the retest of the old red resistance creates an extremely strong confluence support zone in the $573 to $590 region. Trade Idea: ENTRY$590 - $598Enter upon confirmation of support holding (e.g., an intraday reversal candle). TARGET 1$652This is the recent short-term resistance pivot shown on the chart. This is the primary target for a short-term swing trade.