ALPHA/USDT – Falling Wedge Breakout | Bullish Reversal in Play

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.
Trade active
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.