Technical analysis by SmellyTaz about Symbol METAX: Sell recommendation (11/1/2025)

Meta may have completed its long-term C wave after reaching new all-time highs at the top of the macro channel. The structure now shows emerging bearish sequences on lower timeframes , hinting that the next yearly cycle could be corrective or bearish rather than impulsive. While the theoretical WCL sits far below (around 350–400), such a deep retracement would imply a 50% drop — an extreme but technical possibility. A more realistic path could be a 20–30% macro correction as the market digests Meta’s extended rally and rebalances valuation. Key Points: Macro C wave completed at the upper channel boundary. Lower timeframe sequences turning bearish. WCL remains the ultimate downside target, though not the base case. Expect a potentially bearish or corrective year ahead for Meta, within the long-term bullish structure. Invalidation: If price reclaims the 780–800 zone and breaks above the red B high, bearish structure fails.