Meta– Recovery Structure and Bullish Continuation Setup

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Meta – Recovery Structure and Bullish Continuation SetupMeta Platforms, Inc.BATS:METANewOneCrypto#Meta – Recovery Structure and Bullish Continuation Setup Current price: $723.2 Meta is building a bullish recovery structure after completing a corrective decline. The market is stabilizing near key support and may be preparing for a renewed upward leg within the larger trend. 🧩 Technical Overview β€’ The downtrend from the August high has likely formed a complete corrective pattern. β€’ Price rebounded from the $686–$690 support zone and is attempting to re-enter the mid-term ascending channel. β€’ Momentum has shifted from exhaustion to accumulation β€” typical for a trend-continuation setup. πŸ“ˆ Scenario β€’ As long as the price holds above $686, the structure favors an upward move. β€’ Stop-loss: below $686, under the recent corrective low. β€’ Upside levels to watch: – $736–$755 β€” early confirmation zone / local breakout test – $775–$816 β€” key resistance area, mid-cycle confirmation – $860–$902 β€” extended target range based on Fibonacci projections β€’ A daily close above $755 would confirm strength and continuation toward the higher targets. βš™οΈ Market Context β€’ The broader NASDAQ structure supports recovery across large-cap tech stocks. β€’ Meta remains in a long-term bullish framework despite the recent correction. β€’ Volume behavior and market breadth show early signs of capital rotation back into growth assets. 🧭 Summary Meta is forming a recovery leg after a controlled correction. Holding above $686 keeps the bullish bias active, with first confirmation above $736 and major continuation signals over $755. Targets for the next impulse are projected near $816, $860, and potentially $900+.