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Scanning the market for overbought and oversold conditions on the 1-hour timeframe, several altcoins are showing extreme RSI readings worth monitoring:
On the overbought side (RSI > 70): RVV, SQD, ICNT, RIVER, EVAA, CC, RAVE, STO, M, BTR, 1MBABYDOGE, TOSHI, GIGGLE, SUSHI, ENSO, RDNT, HOLO, WET, PLUME, THE.
These coins are hitting overextended levels, which traders often use as signals for potential pullbacks or consolidation. Watching how price action responds to these RSI extremes in the hourly charts can provide early clues about short-term reversals or continuation patterns. The key is observing whether price holds these levels or rolls over, as extreme readings don't always guarantee immediate reversals.