META Technical Analysis-September 3

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META rebounded strongly off the 721โ€“725 demand zone, breaking through its descending trendline and regaining short-term momentum. The MACD has flipped bullish with a rising histogram, while Stoch RSI is pushing higher, suggesting momentum is building but still has room before becoming overextended.
* Resistance: The first major test sits at 740โ€“745. Beyond that, the bigger ceiling is at 752โ€“753, which has repeatedly acted as supply.
* Support: Immediate support now lies at 731โ€“732. A deeper retest into 725โ€“721 would be the key level for bulls to defend.
* Trend: While still inside a broader downtrend channel, this breakout shows early signs of strength โ€” bulls will need to clear 745 to flip momentum decisively.

๐Ÿ” Options / GEX Confirmation
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* Resistance Clusters:
* 745โ€“750 โ†’ heavy call wall.
* 752โ€“753 โ†’ reinforced by strong call resistance, making this the main upside barrier.
* Support Layers:
* 731โ€“732 โ†’ strong GEX support.
* 725โ€“721 โ†’ backed by highest negative gamma / put support.
This confirms that 745โ€“753 is the resistance zone to watch into September 3, while 731โ€“725 is the support band that must hold for bulls to stay in control.

๐ŸŽฏ Trade Scenarios
* Bullish: Hold above 731 and break through 745 โ†’ opens room for a test of 752โ€“753 into September 3. If this clears, upside momentum could carry toward 760.
* Bearish: Failure to hold 731 or rejection at 745โ€“753 โ†’ risks a pullback to 725โ€“721, and losing that would drag price toward 715.

๐Ÿง  Final Take
META is showing signs of recovery after a steep decline, with the 745โ€“753 zone now the key battleground into September 3. Clearing it would signal a shift in momentum and potentially extend toward 760. If sellers defend that zone, expect chop or a pullback into the 725โ€“721 demand base before another attempt higher.

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