Technical Alert: RSI Extremes Spotted Across Multiple Assets
Over the past hour, a cluster of altcoins has flashed overbought and oversold signals on the RSI indicator. Traders monitoring 1-hour charts should take note of the following tickers showing extreme momentum: LIGHT, FHE, RIVER, USUAL, AXL, AIOT, GUN, IRYS, ENSO, SAGA, FARTCOIN, MERL, STO, TAKE, THETA, NEWT, XNY, APR, and SKY.
When RSI pushes into overbought territory (typically above 70), it often signals potential pullback risk. Conversely, oversold conditions (below 30) may indicate bounce opportunities. These extremes don't guaran