Feb. 13 at 11:55 PM
$ANET Weekly — Confluence zone loading.
Price sitting right at the 0.786 fib (
$142.36) after rejecting from the 1.0 extension at
$165. Weekly ascending trendline from the 2024 lows is converging into this exact area.
Two support structures meeting at the same price = institutional interest zone.
Key levels I'm watching:
🟢
$141-142 — 0.786 fib + trendline confluence (current test)
🟢
$116.83 — 0.5 fib / major structural support if this breaks
🔴
$164-165 — 1.0 extension / previous high (reclaim = breakout)
🎯
$230+ — 1.618 extension target if structure holds
This is the type of setup where the weekly close matters. Hold above the trendline and 0.786 → higher lows intact, path to retest
$165. Lose it →
$116 is the next magnet.
Patience. Let the weekly candle speak.
— WaverVanir · VolanX DSS
