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

BrytJoy

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