Meta has not bounced from its support level as expected. We will wait for a day or 2 to see how price action works at this level before taking a long or short position.
The next level of support if the current support level(149 level) is broken is around 135. It would take some time to reach there, besides there would be some volatility with these ranges before it reaches 135 levels.
the next level of resistance is around the 167 levels.
We will wait for the price to show us the direction in a day or 2.
The next level of support if the current support level(149 level) is broken is around 135. It would take some time to reach there, besides there would be some volatility with these ranges before it reaches 135 levels.
the next level of resistance is around the 167 levels.
We will wait for the price to show us the direction in a day or 2.