ALNT Long Trade Setup – Reversal Breakout Play!!

✅ Trade Type: Long
🕒 Timeframe: 30-Minute
🎯 Entry Zone:
$31.05 (Breakout candle near trendline resistance)

🔻 Stop-Loss (SL):
$30.11

Placed below recent support and demand zone

🎯 Target Zones:
TP1: $32.07 (Red line – minor resistance zone)

TP2: $33.56 (Green line – previous top / range high)

📊 Risk-Reward Ratio:
Approx. 1:2.5+ – solid upside if breakout holds

🔍 Chart Analysis Notes:
Descending wedge breakout + higher low confirmation

Breakout from compression zone with bullish bias

Price reclaiming yellow resistance zone (now potential support)

Trendline breakout is confirmed with price closing above

📌 Pro Tips:
Watch for strong push above $32.07 for TP2 confirmation.

Trailing SL using ATR 1.26 is smart as trend continues.

Look for volume to rise to validate breakout.