$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 ⤵

ALCX
ALCX
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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 ⤵

CHZ
CHZ
0.02573
+0.11%

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