- TLM breaks out of the descending wedge pattern showing a bullish shift after months of downward pressure.
- Volume surged past $34M during breakout, confirming strong market interest and suggesting growing investor confidence.
- Futures open interest hits $7.92M with a Binance long/short ratio of 3.57, indicating heavy bullish positioning.
Alien Worlds (TLM) has broken above a long-term descending wedge with its volume surging, sentiment is shifting, and traders watching support levels to confirm the breakout’s strength.
Falling Wedge Breakout Signals Trend Reversal
Alien Worlds (TLM) has finally broken through a long-standing descending wedge pattern according to ZAYK Charts. This classic bullish reversal pattern formed over several months, with TLM repeatedly printing lower highs and lower lows. The upper trendline acted as resistance until September, when the price pierced through it .
This breakout coincided with a sharp increase in trading activity. TLM jumped 10% in 24 hours, reaching $0.005187, with its weekly performance up 24%. The breakout appears to be more than just technical—it’s backed by clear signs of buying interest.
The price remained under pressure from late 2024 to September 2025 making this wedge breakout a key area for traders to watch.
Volume Spike Confirms Momentum Shift
Trading volume plays a critical role in validating breakout moves. Between September 11 and 13, TLM saw a noticeable spike in activity. Volume, which previously hovered between $24M–$26M, surged past $34M before pulling back slightly. This explosion of interest aligns directly with the wedge breakout.
Such volume surges often represent accumulation followed by breakout confirmation. Spot volume hit $5.96M, while futures volume soared to $33.15M, suggesting both organic interest and speculative positioning are heating up.
Futures Data and Indicators Highlight Caution
TLM spiked to $0.0058 before correcting back to the $0.0051 zone. This suggests possible profit-taking or short-term exhaustion. Technical indicators reflect this shift—MACD shows a bearish crossover, and RSI has dropped to 46.86 from overbought territory.
Meanwhile, open interest stands at $7.92M, and Binance dominates futures positioning. A Long/Short ratio of 3.57 (4.16 among top traders) indicates strong bullish sentiment, but it also raises the risk of a squeeze if momentum stalls.
Despite the strong short-term push, TLM is still down 61.23% year-to-date and 99.29% below its all-time high. The circulating supply is 6.08B with a max supply of 10B, keeping inflation risks modest in the short term.
