@mando
All Tokens in Oversold Territory! ā ļøā¬ļø
RSI data from the past 24 hours indicates a sharp weakening across the entire market.
š» Oversold Zone (20ā30 RSI)
Most coins are currently trading in this range.
What does this mean?
The market is broadly positioned on the selling side.
RSI alone does not signal a trend reversal ā it only reflects momentum.
Therefore, it should be assessed together with liquidity conditions, funding rates, ETF inflows/outflows, and macro developments.
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