Two signals.
$SKHY 4-hour RSI plunged to 3.5, deeply oversold. Current price: 154.1. Down 8.1% in 24h.
$DRAM 4-hour RSI plunged to 3.5, deeply oversold. Current price: 52.57. Down 7% in 24h.
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$SKHY 4-hour RSI: 3.5. Extremely oversold. Current price: 154.1. Down 8.1% in 24h.
Support: 151.6, 148. Resistance: 160, 165.
Funding rate: 0%. Long/short ratio: 1.79. Longs are buying in.
Current price: 154.1. Bullish bias. Entry range: 151.6–154, stop loss: 148, target: 160, risk/reward ratio: about 1.5:1. An RSI of 3.5 suggests short-term selling pressure has been largely exhausted, but the daily RSI is also extremely low at 10.6, and the downtrend is not over yet. Keep positions small when buying into weakness.
$DRAM 4-hour RSI: 3.5. Extremely oversold. Current price: 52.57. Down 7% in 24h.
Support: 51.9, 49.5. Resistance: 54, 56.
Funding rate: +0.03%. Long/short ratio: 2.49. Longs have the upper hand.
Current price: 52.57. Bullish bias. Entry range: 51.9–52.6, stop loss: 49.5, target: 56, risk/reward ratio: about 1.4:1. Its RSI of 3.5 is at the same level as SKHY's. Both coins are clearly reacting to the same wave of sentiment, so there's a good chance of a synchronized oversold bounce.
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Both coins are moving in the same direction, with an oversold, bullish bias. Buying into weakness carries risk, so position size matters more than the entry price.
I'm keeping an eye on them.
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#SKHY #DRAM #超卖反弹 #RSI Signal