Scanning the 1-hour chart for overbought and oversold opportunities? Here's a rundown of pairs showing extended RSI readings that traders are watching:
When RSI pushes into extreme zones on the hourly timeframe, mean reversion setups often come into play. Some traders see this as a signal to watch for pullbacks or bounces, depending on the overall trend context. Worth keeping on your radar for short-term moves.
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DataBartender
· 4h ago
The RSI extreme values are back again. Every time, it's about mean reversion. Do you all already know how it turns out?
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ContractFreelancer
· 4h ago
This wave of RSI extremes reminds me of the last time I got hit by a reverse cascade... I still need to look at the overall trend before I dare to act.
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GasWaster
· 4h ago
yo that's a lot of tokens to juggle on the hourly lol. honestly the real question is what's the gas fee gonna look like when i'm actually trying to exit these mean reversion plays... bridge back from whatever L2 hell i'm stuck on? smh
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GateUser-6bc33122
· 4h ago
This list is a bit long, seems like everyone is waiting for a rebound.
Scanning the 1-hour chart for overbought and oversold opportunities? Here's a rundown of pairs showing extended RSI readings that traders are watching:
Overbought/oversold territory spotted on DOLO, PLAY, 1000WHY, DUSK, IP, JELLYJELLY, ARIA, XVG, RLS, EDU, MTL, BROCCOLI714, AIOT, EUL, GLM, ENA, STBL, GPS, DASH, and RLC.
When RSI pushes into extreme zones on the hourly timeframe, mean reversion setups often come into play. Some traders see this as a signal to watch for pullbacks or bounces, depending on the overall trend context. Worth keeping on your radar for short-term moves.