Recent 1-hour chart movement shows several altcoins hitting RSI extremes—worth monitoring if you're into short-term trading signals.
Overbought territory: ACT, AKE, UNI, ZORA, PLUME, KERNEL saw their momentum spike. Could signal pullback incoming or sustained momentum depending on volume. PieVerse, IO, B2 also flashing similar patterns.
Oversold zone picked up: FLOCK, PYTH, BIGTIME, D, PROM, DODOX showing potential bounce setups. Classic RSI reversal territory—but watch out for false signals without volume confirmation.
The real question? Are these technical extremes part of a broader market correction or just noise from lower timeframes? Either way, RSI alone shouldn't be your trade trigger—pair it with support/resistance levels and volume for solid conviction.
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PaperHandsCriminal
· 5h ago
It's another RSI extreme value. Every time I see this thing, I think of my past failures... Last time I believed in an oversold rebound, and as a result, PYTH directly broke through the bottom. I became the bag holder.
Volume is the real boss; without it, RSI signals are just illusions. I’ve learned this lesson with blood and tears, and now I can say that.
Is this wave an adjustment or noise? Let's just see the next few candlesticks. Anyway, I can't hold my UNI anymore, haha.
Recent 1-hour chart movement shows several altcoins hitting RSI extremes—worth monitoring if you're into short-term trading signals.
Overbought territory: ACT, AKE, UNI, ZORA, PLUME, KERNEL saw their momentum spike. Could signal pullback incoming or sustained momentum depending on volume. PieVerse, IO, B2 also flashing similar patterns.
Oversold zone picked up: FLOCK, PYTH, BIGTIME, D, PROM, DODOX showing potential bounce setups. Classic RSI reversal territory—but watch out for false signals without volume confirmation.
The real question? Are these technical extremes part of a broader market correction or just noise from lower timeframes? Either way, RSI alone shouldn't be your trade trigger—pair it with support/resistance levels and volume for solid conviction.