On the H1 chart of Meta Platforms (FACEBOOK), price has formed a clear bearish reversal after a sharp rally that peaked near $635. The last few candles show a strong rejection at the $630–$635 resistance zone, with the candle at $629.19 closing below the prior session’s low and confirming a break of the short-term uptrend. Volume surged significantly during the breakout above $627 (e.g., 8,602 contracts at $627.44), suggesting strong institutional participation—yet the subsequent drop on lower volume (e.g., 3,463 at $630.85) indicates weakening bullish conviction. The recent consolidation between $625–$632 shows diminishing momentum, and the current price action aligns…

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