📊 RSI Heatmap (4H) of the Cryptocurrency Market
The RSI (Relative Strength Index) on 4-hour charts provides a clear view of the current overbought or oversold state of major cryptocurrencies. 🚦
Current highlights:
🔴 Overbought regions: Identify cryptos that may face resistance and possible correction.
🟢 Oversold regions: Point out undervalued assets, with potential for recovery.
🧩 How to use the RSI Heatmap?
Above 70: Asset may be overbought.
Below 30: Indicates oversold.
Monitor intermediate levels for strategic entries or exits.
🔍 Current market interpretation:
Overbought tokens show momentary strength, but beware of resistance.
Oversold cryptos suggest opportunities for traders looking for lower-risk entries.
⚡️ Track movements accurately and adjust your strategy as the market dictates signals!
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