TOP 5 most overbought: short under the spotlight 👀
The biggest gains on the list are $COW (+54.38%), $CYS (+26.78%), $WAL (+25.49%), ONE (+22.61%) and HEMI (+17.24%). COW is the most widely spread in the group, while CYS combines a strong advance with the highest volume shown, near 200.65M USDT. �
But a 24-hour surge alone does not confirm a technical overbought condition or a short signal. The smart approach is to wait for exhaustion: rejection at the highs, candles with an upper wick, falling buying volume, and the loss of intraday support. �
The biggest gains on the list are $COW (+54.38%), $CYS (+26.78%), $WAL (+25.49%), ONE (+22.61%) and HEMI (+17.24%). COW is the most widely spread in the group, while CYS combines a strong advance with the highest volume shown, near 200.65M USDT. �
But a 24-hour surge alone does not confirm a technical overbought condition or a short signal. The smart approach is to wait for exhaustion: rejection at the highs, candles with an upper wick, falling buying volume, and the loss of intraday support. �