#OversoldRebound #SwingTrade #IfYouAreNewToBinance Binance Oversold Gems: Coins with RSI Below 20 & Double Bottom Reversal Setups Forming
Coins on Binance currently deeply oversold (RSI < 20) that may be forming a double‑bottom pattern—potential signs of a reversal setup:
📉 Deeply Oversold Coins (RSI < 20)
From RSI Hunter's Binance scans: binance.com+9binance.com+9reddit.com+9rsihunter.com+2rsihunter.com+2rsihunter.com+2
Coin RSI (1D) Notes
Kusama (KSM) 5.9Extremely oversold territoryPolygon‑bridged WETH (WETH on Polygon‑PoS) 9.7Heavy oversold signal
Nervos Network (CKB) 7.2Sharp RSI dip
AgentFun.AI (AGENTFUN) 5.8RSI deep in oversold zone
Gigachad (GIGA)23.6Slightly above but near oversold thresholdKava (KAVA) 15.8Well within oversold territory
🔍 Looking for Double‑Bottom Patterns
A classic double‑bottom forms when price tests a support level twice with a small bounce in between—often signaling a trend reversal. Here are how some of these look:
Kusama (KSM): RSI of ~6 suggests extreme oversold. Historically, such RSI lows can align with price approaching key support—watch for repeated tests of that level.
WETH‑Polygon: RSI ~9.7; if price bounces twice off recent lows, this could complete a double‑bottom setup.
CKB, AGENTFUN & KAVA: All show RSI deep below 20. With solid support levels, they’re prime candidates for watching double‑bottom formations.
✅ What You Should Do
Pull up charts for these coins on Binance with at least 1-day candlesticks.
Identify support levels—see if the price has bounced off one and is retesting it.
RSI confirmation: Look for RSI to bottom out both times the price hits supports—bullish sign
Volume check: A slight increase on the second bounce adds confidence.
Plan your entry: Consider a breakout above the mid-point between the two bottoms, with a stop just below the lows
⚠️ Risks & Tip
Oversold RSI can stay low in strong downtrends—wait for price confirmation.
Low liquidity coins (like AGENTFUN or GIGA) can be hard to enter/exit.
Fakeouts are common—double‑bottoms aren't guaranteed reversals.
Combine tools—like support/resistance and volume—for stronger signals
$WCT