📊 Technical Analysis (1H Timeframe)
META has recently completed a strong bounce from below the lower trendline of the ascending intraday channel. However, the follow-through was weak, and price is currently consolidating tightly just beneath the midpoint of the Gaussian channel.
* Channel Structure: META is still respecting the ascending parallel channel, but recent candles show hesitation near the midline. There's visible loss of momentum since touching $588.
* Key Levels:
* Resistance: $555 (psychological + rejection zone) and $588.28 (upper channel).
* Support: $535.38 (retest level) and $494.23 (channel base).
* Volume: Rising volume on the initial breakout, but fading in the sideways zone—sign of indecision or smart money waiting.
* RSI: Currently flatlining under 50, indicating neutral momentum with slight bearish bias.
💡 What to Watch: META is building pressure near a pivotal level. If it breaks $555 with volume, it opens room toward $570–$588. But if it loses $535 support, sellers might regain control, pushing toward $520–$500 zone.
🧠 Options GEX Sentiment + IV Outlook
META is pinned hard by options market makers, and the GEX setup shows tension in both directions:
* Highest Negative GEX / PUT Support: $543
* 2nd Put Wall (High Gamma Impact): $535
* Call Resistance: $600, with strong clusters at $570 and $555
* GEX Read: Very negative near $543–$535, implying dealer buying pressure (support zone) if price dips.
📉 IV & GEX Stats:
* IVR: 76.6
* IVX Avg: 66
* IV Slope: -6.34% (slowing implied volatility)
* Options Sentiment: 23% PUTs — moderately bearish bias, but not overly fearful.
📈 Suggested Option Strategy
Neutral to Slightly Bullish Setup
Gamma pin near $543 suggests limited downside risk unless $535 fails.
Trade Idea:
* Debit Call Spread: Buy $550C / Sell $570C for next week
* Defined risk and reward while playing the bounce to resistance.
* Alternative: If $535 breaks — shift to bearish spreads or short-term puts toward $515 target.
🧩 Final Thoughts
META is coiled between strong dealer support and overhead option walls. Gamma compression might suppress large moves until $543 breaks cleanly in either direction. Smart trade is to wait for a breakout or rejection confirmation before sizing in heavily.
This analysis is for educational purposes only. Trade your own plan, manage risk, and stay nimble.
META has recently completed a strong bounce from below the lower trendline of the ascending intraday channel. However, the follow-through was weak, and price is currently consolidating tightly just beneath the midpoint of the Gaussian channel.
* Channel Structure: META is still respecting the ascending parallel channel, but recent candles show hesitation near the midline. There's visible loss of momentum since touching $588.
* Key Levels:
* Resistance: $555 (psychological + rejection zone) and $588.28 (upper channel).
* Support: $535.38 (retest level) and $494.23 (channel base).
* Volume: Rising volume on the initial breakout, but fading in the sideways zone—sign of indecision or smart money waiting.
* RSI: Currently flatlining under 50, indicating neutral momentum with slight bearish bias.
💡 What to Watch: META is building pressure near a pivotal level. If it breaks $555 with volume, it opens room toward $570–$588. But if it loses $535 support, sellers might regain control, pushing toward $520–$500 zone.
🧠 Options GEX Sentiment + IV Outlook
META is pinned hard by options market makers, and the GEX setup shows tension in both directions:
* Highest Negative GEX / PUT Support: $543
* 2nd Put Wall (High Gamma Impact): $535
* Call Resistance: $600, with strong clusters at $570 and $555
* GEX Read: Very negative near $543–$535, implying dealer buying pressure (support zone) if price dips.
📉 IV & GEX Stats:
* IVR: 76.6
* IVX Avg: 66
* IV Slope: -6.34% (slowing implied volatility)
* Options Sentiment: 23% PUTs — moderately bearish bias, but not overly fearful.
📈 Suggested Option Strategy
Neutral to Slightly Bullish Setup
Gamma pin near $543 suggests limited downside risk unless $535 fails.
Trade Idea:
* Debit Call Spread: Buy $550C / Sell $570C for next week
* Defined risk and reward while playing the bounce to resistance.
* Alternative: If $535 breaks — shift to bearish spreads or short-term puts toward $515 target.
🧩 Final Thoughts
META is coiled between strong dealer support and overhead option walls. Gamma compression might suppress large moves until $543 breaks cleanly in either direction. Smart trade is to wait for a breakout or rejection confirmation before sizing in heavily.
This analysis is for educational purposes only. Trade your own plan, manage risk, and stay nimble.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.