Technical analysis by SiDec about Symbol SOL: Buy recommendation (8/2/2025)

SiDec

SOL just tapped into the golden pocket zone and swept sell-side liquidity. Creating a high-probability long opportunity. 🟢 Long Setup: Entry Zone: $156.67 – $151.50 Stop Loss: Below $150 (clear invalidation) Target: $172 Risk:Reward: solid R:R setup Why This Zone? Confluence Breakdown: Golden Pocket retracement (0.618–0.666) 1.272 Trend-Based Fib Extension Monthly Order Block 0.5 Fib Speed Fan support Key Level at $154.81 Anchored VWAP support layer Pitchfork 0.618/0.666 alignment SSL (Sell-Side Liquidity) swept nPOC at ~$152 offers a prime entry if we see another leg down 💡 Tip: Ladder in entries within the zone and size up near nPOC if price dips further. Manage risk carefully and watch how price reacts at the zone. 🧠 Educational Insight Golden pockets (the 0.618–0.666 Fibonacci zone) are some of the most respected levels in trading often acting as key reversal zones, especially when stacked with other tools. In this case, we’ve got a rare confluence: anchored VWAP, nPOC, monthly OB, SSL sweep etc. all lining up with the golden pocket. When multiple technical factors align, they don’t just increase probability, they give you a tighter invalidation and a better risk-to-reward setup. That’s how professional traders spot sniper entries. _________________________________ 💬 If you found this helpful, drop a like and comment!🚨 SOL Update Precision trading at its finest =) price action played out exactly as mapped. SOL got rejected right at the 233 EMA on the 1H timeframe, lining up perfectly with the monthly open ($172) and the 0.618 Fib retracement resistance at $172.49. That rejection triggered a sharp -6% drop, with price now finding support at the golden pocket from the $156 low. For bullish continuation, SOL needs to hold this support zone and reclaim $172 if it does, the $180 level is the next key upside target to watch.