SOL — Fibonacci & Anchored VWAP Confluence

2 days ago

SOL continues to be one of the most technically reliable assets, consistently respecting Fibonacci levels and key market structures. The zone between $135–$134 stands out as the next high-probability long opportunity, with multiple Fibonacci clusters lining up with the anchored VWAP from the swing low. The $134 level also aligns with the 75B market cap, adding an additional layer of confluence.

I’m looking for a long setup in this zone, targeting the $139–$140 order block for TP. This gives a clean 1:3 R:R, with the stop placed just below $133.

I’m currently developing a dynamic confluence indicator that highlights stacked support and resistance zones with high-probability reversal zones. The $139–$140 zone is currently showing a cluster of resistance, reinforcing it as the ideal TP target.

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yesterday

Trade closed: target reached

SOL Update:

Both setups played out beautifully =) precision trading at its finest. First the long entry from the anchored VWAP support in confluence with the -0.618 Fib, followed by the short from the anchored VWAP resistance aligning with the 0.6 Fib.

Why precision entries matter:
Once price bounces cleanly from your level, you can immediately take risk off the table, remove emotional pressure, and manage the trade from a position of strength.

If SOL pulls back again, the next high-probability long setup sits around $133, where multiple confluences come together:

• Swing low at $133.13 → liquidity
  
• -0.618 Fib projection at $132.70
  
• -1 Fib extension at $132.43
  
• Value Area Low sitting on the -0.618 Fib