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Catching Overbought & Oversold Moves: Which Altcoins Are Flashing RSI Signals?
The 1-hour chart just lit up some interesting RSI extremes. When the Relative Strength Index hits overbought (above 70) or oversold (below 30) territory, traders often prepare for reversals or consolidations.
Here's what's popping on the radar right now:
LIGHT, ACT, JCT, AKE, UNI, B2, TAC, PIEVERSE, AIXBT, FLOCK, PYTH, BIGTIME, XPL, D, ATH, PROM, WOO — all flashing extreme RSI readings in the short-term window.
Overbought conditions typically suggest pullback risks. Oversold setups? They can spark quick bounces. The key is context — volume confirmation, support/resistance levels, and broader market sentiment matter. These signals work best as part of a broader trading strategy, not in isolation.
If you're scalping or swing trading these pairs, worth keeping tabs on how they behave over the next few candles. Sometimes the squeeze stays squeezed longer than expected.