Meta Platforms (META) Testing a Long-Term Ascending TrendlineMeta Platforms Inc Class ABATS:METAisahebdadiMeta is currently pulling back toward a major ascending trendline that has supported the stock multiple times over the past two years. Price is now approaching a critical technical decision zone where buyers and sellers are likely to battle for control. Short-Term Outlook As long as META holds above the $540–550 support trendline, buyers remain in control. A successful rebound could target $580 → $620 → $660. Stop-loss: Daily close below $535. Long-Term Outlook The primary trend remains bullish despite the recent correction. The long-term ascending trendline continues to act as dynamic support, making this area a key accumulation zone if confirmed by bullish price action. Targets: $660 → $720 → $800. Stop-loss: Weekly close below $520, which would signal a potential breakdown of the long-term structure. Summary Meta is currently retesting its long-term ascending trendline around the $540–550 area. If buyers successfully defend this support, the stock could resume its broader uptrend and move toward $620+, with the potential to revisit the $700–800 region over the longer term. However, a decisive break below the trendline would weaken the bullish structure and increase the probability of a deeper correction toward the $500–520 support zone.