Eugene Calls Out SOL, Potentially Breaking Out of a 3-Month Consolidation Phase, with an Upside Target of $120
BlockBeats News, May 11th, trader Eugene Ng Ah Sio posted on his personal channel, stating, "Among all mainstream coins, SOL's relative trend is still the cleanest, showing stronger relative strength compared to Ethereum and Hyperliquid. I believe it is likely to become the first mainstream asset to break out from the current 3-month consolidation range."
If the price can effectively break through $96, the next key resistance is in the $120 range, representing about 25% upside potential from the current price. Before Bitcoin drops below $80,000, I am willing to continue participating in the market and proactively adjust my positions to speculate on the potential breakout trend."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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