META is in a confirmed intermediate-term downtrend, having broken sequentially through $638, $612, and $600 support levels with accelerating selling pressure (-7.19% in 5 days), and now trades at $595.19 with no identifiable near-term fundamental catalyst to reverse the trend. The confluence of AI capex skepticism, growing public and regulatory backlash against Meta's infrastructure and smart glasses products, and broad Mag Seven rotation exodus creates a high-probability momentum continuation setup. With the stock down ~9% YTD and institutional selling ongoing, the path of least resistance remains lower into the next earnings catalyst.