Technical analysis by BrytJoy about Symbol ALPHA: Buy recommendation (5/9/2025)

BrytJoy

ALPHAUSDT has been trading within a classic falling wedge, a bullish reversal pattern, for several months. The wedge has been clearly defined by a series of lower highs and lower lows, gradually tightening into a breakout point. The wedge’s measured move projects a potential 139% upside, aligning with key horizontal resistance levels and previous supply zones. A sustained rally could target the 0.05–0.067 zone in the medium term.Key Levels to watchEntry: ~0.02885 - 0.02650 (post-retest confirmation)Target 1: 0.03801 Target 2: 0.05225Final Target: 0.06731Stop Loss: ~0.02254 (below wedge and key demand zone)Consider trailing stops as price approaches key resistances.Keep an eye on broader market sentiment — BTC/ETH retracements may affect follow-through.ALPHAUSDT Target 1 hit. +30% profited when price reached 0.03801