Top crypto analyst Ali Martinez has highlighted three promising setups across the crypto market, pointing to potential bullish breakouts on Solana (SOL), PENGU, and Toncoin (TON).
Solana (SOL): Ascending Triangle Breakout
Ali noted that Solana appears to be breaking out of an ascending triangle, a classic bullish continuation pattern. Based on this formation, he sees a potential upside target of $180, assuming the breakout holds. SOL was last seen trading just under $172, nearing key resistance.
PENGU: Bounce Within Bullish Channel
In another post, Ali highlighted PENGU’s price action as it bounces off the lower boundary of a parallel channel. If history repeats, the memecoin could rally toward the upper channel limit near $0.020.
With PENGU currently around $0.013, the projected move would represent a significant upside if momentum builds.
Toncoin (TON): Symmetrical Triangle Setup
Finally, Ali spotlighted Toncoin, currently consolidating within a symmetrical triangle on the daily chart. He believes TON is gearing up for a 50% price move, depending on which direction it breaks. These patterns typically precede sharp volatility, making TON a key chart to watch in the days ahead.
The Bottom Lin
While breakouts are never guaranteed, Ali’s charts suggest these assets are at critical technical inflection points. As broader market sentiment improves, traders will be closely monitoring these setups for confirmation of upside momentum.
Kosta Gushterov
Reporter at Coindoo
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Source: https://coindoo.com/3-altcoins-on-the-verge-of-a-breakout-according-to-top-analyst-ali/