On the M15 chart of FACEBOOK, the last eight candles show a classic bearish reversal after a short‑term rally. The price rallied from the low‑650s to a peak near 684, forming a clear resistance zone around 680‑685. The most recent candle (open 676.6, low 666.74, close 673.72) closed lower than its open, breaking the minor bullish bias and indicating a loss of upward momentum. Volume has been relatively strong on the upward moves (800‑900 contracts) but tapered to 755 on the pull‑back, suggesting the buying side is weakening. The break below the 670‑level, which sits just under the prior swing…

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