spottrading

$ASR Jumped on the Chiliz contract swap news, then pulled back. LA pumped on exchange listings and whale distribution, then lost momentum. Both are now compressed inside tight ranges. The next 4H close decides direction. No guessing. Just confirmation.
Current levels: ASR ≈ 1.025 | LA ≈ 0.0704
ASRUSDT (4H) — Token Swap Completed, Price Coiling Below Resistance
On May 8, Binance announced support for the Chiliz fan tokens contract swap on Chiliz Chain (CAP20), affecting ASR among other fan tokens. Deposits and withdrawals of ASR on Chiliz Chain were suspended on May 11, and the swap was completed at a 1:1 ratio. Old ASR tokens now carry the ticker ASROLD. Spot, margin, and futures trading on Binance were not impacted during the swap. The market reacted with a spike to 1.167, but price has since pulled back.
The 4‑hour chart shows a clean rejection wick at 1.167, with price now sitting at 1.025. Volume peaked during the move and has since faded. Range: resistance at 1.167, support at 0.930.
Key Levels
Resistance: 1.167 → 1.179 → 1.300
Support: 0.930 → 0.840 → 0.771
Trade Triggers
· Bull Setup: 4H candle close ABOVE 1.167
· Bear Setup: 4H candle close BELOW 0.930
Bull Plan $ASR
Trigger: 4H close above 1.167
· Aggressive entry: enter on the close
· Conservative entry: wait for a retest of 1.167–1.110 (hold required)
Stop‑Loss: 1.025
Targets: 1.179 → 1.300
Invalidation: price closes back below 1.167
Bear Plan (ASR)
Trigger: 4H close below 0.930
· Aggressive entry: enter on the close
· Conservative entry: wait for a retest sell zone 0.930–0.960 (reject required)
Stop‑Loss: 1.025
Targets: 0.840 → 0.771
Invalidation: price reclaims and closes back above 0.930
Execution Rules
· No trades inside 0.930–1.167
· Wait for 4H close confirmation
· Retest first — never chase
Trade here ⤵
LAUSDT (4H) — Coinbase Listing + Whale Distribution, Price Still Compressed
LA saw a flurry of exchange activity in early June. On June 4, Binance Alpha announced LA as its first featured token, with trading launching that day. Eligible Binance Alpha point holders could claim a 160 LA airdrop. The same day, several major exchanges including KuCoin, Bybit, MEXC, HTX, Bithumb, and Bitget also listed LA, boosting liquidity significantly. On June 5, Coinbase added LA to its platform with an experimental label, further expanding its reach. The token opened around 0.6, quickly rose above 1, and hit a high of 1.5 on initial momentum, representing a 185% surge from its launch price. However, on the same day as the Coinbase listing, on‑chain data revealed that a Lagrange team multi‑signature address distributed approximately 55.70 million LA tokens (about 28.9% of circulating supply, valued at roughly 8.9 million dollars) to five separate addresses. The market absorbed the distribution, but momentum has since cooled.
The 4‑hour chart shows price now at 0.0704, far below the initial highs, with resistance overhead at 0.0894. The range is wide: resistance at 0.0894, support at 0.0675.
Key Levels
Resistance: 0.0894 → 0.1010 → 0.1160
Support: 0.0704 → 0.0675 → 0.0600
Trade Triggers
· Bull Setup: 4H candle close ABOVE 0.0894
· Bear Setup: 4H candle close BELOW 0.0675
Bull Plan $LA
Trigger: 4H close above 0.0894
· Aggressive entry: enter on the close
· Conservative entry: wait for a retest of 0.0894–0.0850 (hold required)
Stop‑Loss: 0.075
Targets: 0.1010 → 0.1160
Invalidation: price closes back below 0.0894
Bear Plan (LA)
Trigger: 4H close below 0.0675
· Aggressive entry: enter on the close
· Conservative entry: wait for a retest sell zone 0.0675–0.0690 (reject required)
Stop‑Loss: 0.074
Targets: 0.0600 → 0.0520
Invalidation: price reclaims and closes back above 0.0675
Execution Rules
· No trades inside 0.0675–0.0894
· 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 ASR or LA: Which side are you waiting for, and what is your invalidation level?
Educational only. Not financial advice. Manage risk.
#SpotTrading #TechnicalAnalysis

$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