Trader Eugene has exited his long position on Solana (SOL) due to Bitcoin's inability to sustain its momentum. Eugene implemented a stop-loss strategy and announced plans to temporarily step away from the market. Previously, he highlighted SOL's relative strength compared to Ethereum (ETH) and HYPE, suggesting it was poised to break out of its consolidation range. He identified $96 as a critical breakout level, with potential resistance at $120, indicating a possible 25% upside.
Trader Eugene Exits SOL Position Amid Bitcoin Weakness
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