The analysis indicates a buy signal for Meta Platforms, Inc. (META), emerging from a two-month consolidation phase following a prior descending channel. A key technical trigger is a weekly settlement above 673.42, which the market has achieved. This settlement level was identified in early December as a critical high. The analysis identifies 673.42 as a significant resistance turned support. A short-term upside Fibonacci target of 714.12 is anticipated within a couple of weeks. More broadly, the primary upside target is projected within the 785.23 to 796.25 range, with a realistic timeframe of two to three months. This target range is considered viable if the market maintains its position above 673.42. Conversely, the bullish outlook is invalidated by a close below 638.61. This price point represents the low of a prior high from approximately six weeks ago. Should this downside breach occur, the analysis forecasts a decline towards the 558.55 level, potentially indicating a bottoming out process extending through the second quarter.