Technical analysis by ThetaNomad about Symbol SOL: Buy recommendation (10/17/2025)

Analysis: Following up on my Oct 14th BTC note — “Wait for arbitrage to balance spot markets” — we’re now nearing that blue box. As BTC approaches equilibrium, I’m eyeing SOL for a clean long setup. Here’s why 👇 AVWAP Confluence Zone: We’ve got the lower band of a HTF auction colliding with the VWAP line from another HTF auction — strong mean reversion and liquidity overlap. (Didn’t draw them out to keep the chart clean.) Fibonacci Confluence: A completed AB=CD right at 175.0, perfectly inside the HTF golden pocket (0.618). That’s a key structural retrace aligning with measured move completion. Bullish Harmonic (4H): A textbook bull harmonic forming — early signs of reversal pressure building. No position yet. Waiting for SOL (CME) to close the gap at ~174.7 — that’s my trigger to go long. 🎯 Target: 223 — with a possible sweep of the 229–230 zone where shorts are stacked. Expecting a short squeeze flush through that region. Seeing solid order flow confluence across the board. Will update this post as things unfold.Trigger was the 174.7 on CME That hit. Pixel Perfect. Which resulted in my entry position at 174.05 on Binance Perps. I am expecting another sweep downwards, so next limit buy is at 172.2I want RTH to also trade within this box for my second long to openSecond long opened at 176.76. Not waiting for that CME level, we hit another gap that is filled. I see some confluence here and there: enough edge for me.For those asking — these are my entries: I literally planned everything in advance if you’ve been following the thread. My stop-loss is now moved to break-even, so there’s no way I can take a loss on this trade.For those asking about my potential targets: I’m looking at $216 and $243. Based on current market structure, there’s a strong likelihood that SOL will sweep the liquidity above the orange-marked high. I’m not turning bearish unless we get a clear daily close below $175. No financial advice.SOL is weak. Price is moving up, but underlying data is telling me we're setting up a trap to go down.