#加拿大推出SolanaETF $SOL 4/16sol analysis and trading ideas

1. **Resistance verification**: A double resistance is formed in the 129-130 range (previous support turned resistance + psychological round number), the appearance of a pin bar or bearish engulfing pattern in this area can strengthen the short signal.

2. **Momentum indicators**: It is recommended to observe if the RSI on the 4-hour chart remains below 50 and if the MACD histogram is below the zero line to confirm downward momentum.

3. **Volume-price coordination**: If the price rebounds to 129 accompanied by decreasing trading volume, it indicates weakness in the bulls.

- Stop-loss is recommended to be set at 130.3 (breaking the previous high + filtering regular fluctuations).

- Use a staggered take-profit strategy:

First target 127.5 (previous low support)

Second target 125 (psychological level)

Third target 122.5 (measured amplitude = 1.618 times extension of 136-130)

If the price approaches 129:

- Long lower shadow: pause entry, wait for a rebound at 128.5 before re-entering.

- Continuous sideways: be cautious of potential head and shoulders bottom formation, need to observe the strength of the 125 support.