$ALCX is stuck under a Binance Observation Tag, a structural headwind. CHZ is adding fan tokens ahead of the World Cup, but price hasn’t responded. Both are compressed inside clear ranges. The next 4H close decides direction. No guessing. Just confirmation.
Current levels: ALCX ≈ 4.31 | CHZ ≈ 0.02726
ALCXUSDT (4H) — Observation Tag Overhang, Price Coiling at Support
On May 22, Binance placed ALCX on its Observation Tag list due to low liquidity and development concerns. Tokens on this list face higher volatility and potential delisting. On June 3, ALCX saw a heavy selling spike, dropping from 4.02 to near 3.83 before a small rebound. The 4‑hour chart shows a failed recovery, with a long upper wick at 5.88 and price drifting to 4.31. Range: resistance at 4.51, support at 4.02.
Key Levels
Resistance: 4.51 → 5.01 → 5.88
Support: 4.02 → 3.64 → 3.52
Trade Triggers
· Bull Setup: 4H candle close ABOVE 4.51
· Bear Setup: 4H candle close BELOW 4.02
Bull Plan
$ALCX Trigger: 4H close above 4.51
· Aggressive entry: enter on the close
· Conservative entry: wait for a retest of 4.51–4.40 (hold required)
Stop‑Loss: 4.20
Targets: 5.01 → 5.88
Invalidation: price closes back below 4.51
Bear Plan (ALCX)
Trigger: 4H close below 4.02
· Aggressive entry: enter on the close
· Conservative entry: wait for a retest sell zone 4.02–4.08 (reject required)
Stop‑Loss: 4.20
Targets: 3.64 → 3.52
Invalidation: price reclaims and closes back above 4.02
Execution Rules
· No trades inside 4.02–4.51
· Wait for 4H close confirmation
· Retest first — never chase
Trade here ⤵
CHZUSDT (4H) — World Cup Hype Building, Price Still Compressed
On June 2, the Royal Belgian Football Association announced its official fan token launch on Socios, joining Portugal, Argentina, and others ahead of the World Cup. The catalyst is clear, yet price hasn’t broken out. The 4‑hour chart shows a rejection at 0.03465, with price now at 0.02726, just above 0.02708 support. Range: resistance at 0.03465, support at 0.02708.
Key Levels
Resistance: 0.03465 → 0.03740 → 0.04350
Support: 0.02708 → 0.02500 → 0.02200
Trade Triggers
· Bull Setup: 4H candle close ABOVE 0.03465
· Bear Setup: 4H candle close BELOW 0.02708
Bull Plan
$CHZ Trigger: 4H close above 0.03465
· Aggressive entry: enter on the close
· Conservative entry: wait for a retest of 0.03465–0.0335 (hold required)
Stop‑Loss: 0.0300
Targets: 0.03740 → 0.04350
Invalidation: price closes back below 0.03465
Bear Plan (CHZ)
Trigger: 4H close below 0.02708
· Aggressive entry: enter on the close
· Conservative entry: wait for a retest sell zone 0.02708–0.0280 (reject required)
Stop‑Loss: 0.0295
Targets: 0.02500 → 0.02200
Invalidation: price reclaims and closes back above 0.02708
Execution Rules
· No trades inside 0.02708–0.03465
· Wait for 4H close confirmation
· Retest first — never chase
Trade here ⤵
A breakout that holds a retest with volume is continuation. A close back inside the zone is a trap — exit immediately.
Your plan for ALCX or CHZ: Which side are you waiting for, and what is your invalidation level?
Educational only. Not financial advice. Manage risk.
#SpotTrading #TechnicalAnalysis