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Several altcoins are currently showing extreme RSI readings on the 1-hour chart, presenting interesting opportunities for swing traders monitoring mean reversion setups.
On the overbought side, we're seeing elevated readings in ARC, Zerebro, UAI, and IP, alongside 1000SATS, Ordinals, Alchemix, and 1000RATS. Over on the oversold end, ZAMA, NOT, and OP are flashing potential bounce signals. Meantime, PROM, AKT, Clanker, WOO, AEVO, Cookie, PEOPLE, CHR, and APE round out the watchlist with varied RSI positions.
These technical setups can help traders time entries and exits, but remember to confirm signals with other indicators and volume analysis. Always manage risk accordingly.