Technical Analysis Alert: 1-Hour RSI Signals

Multiple altcoins are currently flashing overbought and oversold signals on the 1-hour timeframe based on RSI readings. Traders monitoring RESOLV, PROM, MERL, PHB, IP, FOLKS, JCT, MELANIA, ICNT, APR, KAITO, STG, BEAT, ZRO, PARTI, BREV, FLUID, HANA, and KAIA should pay attention to potential reversal opportunities.

When RSI pushes above 70, assets often face selling pressure. Conversely, readings below 30 typically signal oversold conditions that may attract buyers. These extreme levels can indicate momentum exhaustion and potential trend shifts in the short term.

Keep an eye on these pairs for possible pullbacks or bounces depending on which side of the RSI spectrum they're trading. Always combine technical signals with other indicators and risk management strategies before making trading decisions.