Liquidation Reference: $611.4515
Entry Zone: $610.00 – $614.00
Stop-Loss: $622.00
Take-Profit Targets:
- TP1: $600.00
- TP2: $590.00
- TP3: $581.50
Market Analysis:
META is showing bearish momentum, with price trading below key moving averages and MACD remaining negative. The $610–$614 region is a potential resistance area. A failed recovery followed by renewed selling pressure could provide a short opportunity. Watch price action carefully before entering.
Invalidation: A sustained move above $622 cancels the short scenario.
Risk Management: Use appropriate position sizing and protect profits as the market moves lower.
#Nasdaq Falls 1.07% as Semiconductor Stocks Extend AI-Driven Selloff
