🚨 Crypto RSI Heatmap Analysis! 🚨
Hey everyone, let’s break down the latest RSI Heatmap and look at what the numbers are telling us about the market:
🔴 Overbought Tokens:
$CGPT and $AIXBT are sitting in the overbought zone, signaling potential corrections. Historically, these tokens tend to see a pullback after a sharp rally. For instance, CGPT spiked hard last week but retraced soon after.
🟢 Oversold Tokens:
On the flip side, RUNE and $PHA are deep in the oversold zone. Historically, RUNE has shown strong rebounds from similar levels in the past. Is it setting up for another bounce?
📊 Market Overview:
The average RSI is hovering around 40, leaning toward weakness. This could indicate that the market might consolidate further before any major move.
So, what’s your take—will we see a recovery from the oversold tokens or a deeper correction for the overbought ones? Let me know in the comments! 👇
