SOLUSD : Update Using 30 min chart.

🔍 Solana (SOLUSD) – Confluence Analysis (30-Min Chart)
This chart represents a bullish confluence zone backed by Smart Money Concepts (SMC), Fibonacci levels, Fair Value Gaps (FVGs), and Order Blocks. Here's a detailed breakdown of the confluence logic:

🔑 Key Confluences:
1. FVG and OB Reclaim in Premium Zone
Price reclaimed a premium FVG zone (between ~$175.70 and $177.30).

This reclaim, combined with the Bullish CHoCH and BOS structure, signals institutional interest.

A retest of this zone is likely to act as a springboard toward the next premium levels.

2. Fibonacci Confluence
Multiple Fibonacci levels are stacked:

0.618 - 0.786 retracement zone aligned with equilibrium near $176–177.

1.618 extension target at $187.53.

2.618–4.236 long-term extensions project a move toward $205.06–$211.85.

This supports a measured move projection of:

🎯 Target 1: $184
🎯 Target 2: $205–211 (21.83% gain from current level)

3. Equilibrium & Discount Zone
Price bounced from the discount zone and retested the equilibrium.

Indicates ideal entry area from Smart Money Concepts (where institutions load up).

Yellow box ($168.51–$175.70) marks optimal risk-reward entries.

4. Volume Confirmation
Rising volume beneath the bullish candle structure adds validity to the breakout potential.

5. ORB (Opening Range Breakout) Bias
Label "ORB (15, 0930-0945)" implies a bullish ORB setup, likely used to structure intraday momentum.

If today’s open maintains above $175.70, the ORB bias confirms upside continuation.

🧠 Summary:
Component Value
Current Price $177.32
Entry Zone $175.70–$177.30 (Equilibrium/FVG)
Invalidated Below $168.51 (OB/SMC invalidation)
Target 1 (TP1) $184.00
Target 2 (TP2) $205.06–211.85 (Fib/SMC)
Reward:Risk (est.) 5.3R (if SL near 168.5, TP near 205)

✅ Trade Plan (Hypothetical)
Entry: $175.70–$177.30

Stop Loss: $168.00 (below OB + structural invalidation)

Take Profit:

TP1: $184

TP2: $205.06

TP3 (Fib 4.236): $211.85

📘 Macro Note:
If BTC maintains risk-on momentum and SOL holds above $175, this setup has high confluence for continuation into mid-$180s, with $200+ psychological magnet likely if macro liquidity improves.