Shall use $(r,\theta)$ notation of space-time coordinates instead of $( \rho,\alpha) $ for convenience. Primes with respect to $\theta$.
$$ ds^2 = - (r\, d\theta)^2 +dr^2 \tag1$$
$$ s = \int \sqrt{ r^{\prime ^2 }- {r^2 } }\, d \theta\tag2$$
which has functional
$$ F= \sqrt{ r^{\prime ^2 }- {r^2 } } \tag3$$
and to find a geodesic for this metric Euler-Lagrange Equation of Calculus of Variations can be employed.
$$ F- r^{\prime }\, \frac{\partial F}{\partial r^{\prime }} = const.\tag4$$
$$\sqrt{...} - r^{\prime }\cdot r^{\prime }/\sqrt {...} = const. $$
simplifies to
$$ \frac{r^2}{\sqrt{ r^{\prime ^2 }- {r^2 } } }= c,\, say\tag5 $$
Re-arrange getting
$$ \frac{d\,(r/c)}{(r/c) \sqrt{r^2/c^2+1}} = d \theta \tag6$$
which has solution with arbitrary constant $c$ as
$$ \frac{c}{c+ \sqrt{c^2+r^2}}= e^{\theta} \tag7$$
Reduction to its hyperbolic function form is left as an exercise.
$$ r/c= \sqrt{e^{-\theta } (e^{-\theta} -2)} \tag8 $$
Its second order ODE is
$$ r^{\prime \prime }=\frac{ 2 r^{\prime^2} } { r} -r \tag9 $$
Plots for geodesics of the metric for $c=1$ are sketched below, if there is no error.

Geodesics would not be affected even if the metric is
$$ ds^2 = (r\, d\theta)^2 - dr^2 \tag{10} $$
To compare ODE with Euclidean metric of positive sign in (1) as straight lines in the plane,
$$ r^{\prime \prime }=\frac{ 2r^{\prime^2} } { r}+r. \tag{11}$$