Chinese Crypto Trader Shares Altcoin with the “Cleanest” Technical Outlook!

Crypto trader Eugene Ng Ah Sio has offered a noteworthy assessment of Solana (SOL), the native token of the Solana ecosystem. According to Eugene, SOL is one of the major crypto assets closest to breaking out of the horizontal consolidation process that has lasted for the past three months.

In a post on his personal channel, the analyst stated that SOL has the “cleanest” technical outlook among major cryptocurrencies. Eugene noted that SOL exhibits a stronger relative performance compared to Ethereum and Hyperliquid, and he believes it could be the first major asset to break its current three-month trading range.

According to the analyst, if the SOL price strongly surpasses the $96 level, the next major resistance zone is at $120. If this scenario occurs, it is estimated that there could be an additional upside potential of approximately 25% from current levels.

Eugene also stated that he would continue to hold positions and had already allocated his portfolio in advance, aiming to profit from a potential upward breakout in the market if Bitcoin did not fall below the $80,000 level.

*This is not investment advice.

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