Meta Platforms tests key support levels amid stock pullback

Meta Platforms is currently testing long-term rising support levels following a sharp drop from the $590–$600 range. Traders are closely monitoring a critical decision zone between $540 and $555 to determine the stock's next direction.

A bullish recovery scenario depends on the stock holding the $540 area and reclaiming $555 with strong momentum, which could lead to price targets of $570, $590, or $600. Conversely, a decisive break below the $540 support level would weaken the bullish outlook, potentially leading to further downside toward the $525–$530 range.

Market analysts suggest that while the current setup shows signs of attempting a bounce, a sustained recovery may depend on a broader rotation of interest back into artificial intelligence-related stocks.