#analysisoftheday #aroundcrypto
๐ Choosing the 3 โoversoldโ cryptocurrencies to consider
Based on the current RSI and recent technical signals, here are the 3 candidates with the greatest rebound potential:
Daily RSI around 30, meaning oversold .
Historically, oversold signals on Solana have preceded significant increases (+59%โ+140%) in some cases .
RSI on multiple timeframes between 22โ33, clearly oversold situation .
Stochastic RSI, lowest level since 2020 on ETH/BTC .
RSI at 25โ27 on 4h and 12h timeframes, clear signal of oversold .
Potential short-term rally favorably supported by RSI levels.
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๐ Technical charts & entry points
Crypto Current price* RSI (timeframe) Key levels Recommended entry point
SOL โ148USD Daily RSI~30
Support: 137โ119USD
Resistance: 170โ183USD 140โ145USD zone, watch out for breakout above 170USD
ETH โ2504USD RSI 22โ33 (4h, 12h, 24h)
Support: 1800โ1900USD
Resistance: 2200โ2400USD 1900โ2000USD zone, better with bullish confirmation (e.g. candlestick)
TRX (โ0.9USD) RSI 25โ27 (4h/12h)
Recent support area, short upside target Entry between 0.85โ0.90USD, target 1.00โ1.10USD
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๐งญ Entry Strategy
1. RSI Timing + Confirmation
Buy once RSI rises above 30โ35 (for ETH/SOL) or 28โ30 (TRX) on your chosen timeframe (4h or daily).
2. Support Levels
Wait for prices at the indicated levels. Example: ETH at 1,900โ2,000USD, SOL at 140โ145USD, TRX at 0.85โ0.90USD.
3. Stop-loss / Risk Management
ETH: Stop-loss below 1,800USD
SOL: Stop-loss below 130USD
TRX: Stop-loss below 0.80USD
4. Take-profit Strategy
Aim for at least the first resistance level: SOL 170/183USD, ETH 2,200/2,400USD, TRX towards 1.00 USD.
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โ In summary
SOL and ETH are showing clear oversold signals with historical rebounds.
TRX emerges as the most oversold altcoin, to monitor for a possible quick rebound.
The technical sheets offer clear support/resistance levels, entry zones, and stop-loss for professional risk management.
