Technical analysis by TraderASY about Symbol ALT: Buy recommendation (2/10/2025)

Key ObservationsPrice Action & Trend:Recent price action shows consolidation between 0.03952 (current level) and 0.04372, indicating potential up side.Critical Support & Resistance Levels:Major resistance levels: 0.08000 and 0.11477 (previous breakdown zones).Market Sentiment:Consolidation near 0.04095–0.04372 hints at potential exhaustion. Watch for reversal signals (e.g., bullish divergence, volume spikes).Key ScenariosTargeting 0.11 firstBullish signalsHuge falling wedge1D:RSI Oversold4HR:Price / EMA10 bullish crossEngulfing candlestick pattern1HR:Doji candlestick patternLong Legged Doji candlestick patternSpinning Top candlestick patternALT is breaking the falling wedge.