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Wells Fargo Sees Meta Token Hitting $1,000 While Binance Futures Dip Below Key Moving Averages

From Jornal Bitcoin · · Originally reported by Blockchain.news

Wells Fargo Sees Meta Token Hitting $1,000 While Binance Futures Dip Below Key Moving Averages

Wells Fargo has lifted its price target for the Meta Platforms tokenized stock on Binance Futures to US$1,000, even as the contract slips 0.61% to trade around US$720, falling below its 7‑day and 20‑day simple moving averages with MACD momentum stalling.

The technical retreat signals near‑term bearish pressure, yet the analyst’s bullish forecast implies almost 40% upside, highlighting a growing split between on‑chain price action and traditional equity expectations and prompting traders to watch for a potential reversal or further downside.

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