Just spotted several altcoins flashing overbought and oversold signals on the 1-hour chart. TAKE, TRADOOR, RECALL, TAG, XVG, KMNO, TUT, HOME, CHESS, AERO, BANANAS31, FORM, AGLD, SOLV, GLM, 1000CHEEMS, DOLO, CVX, XTZ, and HFT are all showing elevated RSI readings at extreme levels. When RSI pushes into these zones, it typically signals potential pullbacks or reversals. Some traders see this as a contrarian opportunity—overbought doesn't always mean sell immediately, and oversold doesn't guarantee a bounce. Context matters: check the broader trend, volume, and support/resistance levels before making any moves. These readings are worth monitoring closely over the next few hours.
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AirdropBuffet
· 6h ago
This wave of RSI extreme values is really everywhere, but to be honest, I need to look at my holding costs before I dare to take the opposite position.
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fren.eth
· 6h ago
It's the same RSI signal again... It's always these coins, taking turns to perform, right?
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BearMarketBuyer
· 6h ago
It's the same RSI strategy again. Who will be the next to blow up this time?
Just spotted several altcoins flashing overbought and oversold signals on the 1-hour chart. TAKE, TRADOOR, RECALL, TAG, XVG, KMNO, TUT, HOME, CHESS, AERO, BANANAS31, FORM, AGLD, SOLV, GLM, 1000CHEEMS, DOLO, CVX, XTZ, and HFT are all showing elevated RSI readings at extreme levels. When RSI pushes into these zones, it typically signals potential pullbacks or reversals. Some traders see this as a contrarian opportunity—overbought doesn't always mean sell immediately, and oversold doesn't guarantee a bounce. Context matters: check the broader trend, volume, and support/resistance levels before making any moves. These readings are worth monitoring closely over the next few hours.