Technical analysis by BullBearInsights about Symbol METAX on 8/1/2025

META’s Monster Gap — Gamma Ceiling at $785 or Room to Run Past $800? 🔍 GEX & Options Flow Insight (1st Image Analysis) META ripped higher on earnings momentum, gapping from the $690s into the $770s, and is now stalling just under the Gamma Wall / Highest Positive NET GEX at $784.69. Options positioning shows bullish gamma support but overhead resistance could trigger a stall or pullback before another leg up. * Call Walls & Resistance: * 📍 $784.69 → Highest positive NET GEX / Gamma Wall * 📍 $800.00 → GEX10 & GEX9 ceiling = ultimate squeeze target if momentum continues * Put Support Zones: * 🛡️ $750.00 → Key 2nd Call Wall zone now acting as gamma support * 📉 $700.00 / $691.30 → HVL zone + hard put support * 🚨 Breakdown below $691 opens the door to a deep retracement * Volatility Insight: * IVR 5.6, IVx Avg 31.6 → Low IV = cheaper premium for directional plays * Call flow 11.6% = Not euphoric, but bullish sentiment * GEX sentiment: 🟢🟢🟢 = Long gamma environment, supportive of dips ✅ Option Trading Suggestion: Bias: Bullish but extended — watch for consolidation before breakout
Strategy: Debit call spread (protects from IV crush) * Entry Idea: Buy 780C / Sell 800C for Aug 2 or Aug 9 expiry * Invalidation: Breakdown under 750 with volume * Target: 785 → 800 on continuation Why this works: META is riding strong bullish gamma positioning. As long as it holds above $750, dealer hedging supports price. Break above $785 could trigger short gamma acceleration to $800. But extended after earnings, so controlled size is key. 🧠 Technical Analysis (1H Chart) (2nd Image Analysis) Market Structure & SMC: * ✅ BOS + CHoCH sequence with a massive impulsive move from liquidity grab under $700 * 📈 Price is currently in the supply zone (purple box $768–$784) from historical resistance alignment * 📊 First consolidation post-gap — watching for either breakout or gap-fill attempts Trendline Dynamics: * Strong bullish breakout from long consolidation * Price is riding the upper slope of a sharp post-gap channel SMC Zones: * 🟩 Demand / OB Zone: $750–$724 → Ideal dip buy zone if retested * 🟥 Supply Zone (Purple Box): $768–$784 → Current battle zone 🔄 Price Action & Key Levels * Support: * ✅ $750 → Former resistance, now key support * ✅ $724 → Fib retracement confluence * 🚨 $700 / $691.30 → HVL & hard gamma put wall * Resistance: * 🚩 $784.69 → Gamma Wall + supply top * 🧨 $800 → Ultimate squeeze ceiling 🧭 Scalping / Intraday Trade Setup 🟩 Bullish Setup: * Entry: $770–$772 dip reclaim * Target 1: $784.69 * Target 2: $800 extension * Stop: Close under $750 🟥 Bearish Pullback Setup: * Entry: Rejection at $784.69 * Target 1: $760 * Target 2: $750 * Stop: Breakout above $785 🔁 Summary Thoughts * META just printed a post-earnings breakout that could keep running into $785–$800 if gamma fuel continues. * First consolidation after the gap is critical — if bulls defend $750, breakout setups remain strong. * Caution chasing highs; better reward/risk comes from pullback buys into $750–$760. * Dealers are long gamma, which supports range-bound chop with bullish bias. 🚨 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk accordingly.