Start here. This is the direct spoken answer to practice first.
Why this question matters
Hot keys are easy to miss because the overall cache hit rate can look good while one key or endpoint hurts latency.
I would check whether one key pattern receives a disproportionate amount of traffic or stores a very large value. A hot key can overload a Redis node, network bandwidth, serialization, or the app code that processes the cached value. I would look at Redis command latency, key size, endpoint correlation, app instance metrics, and whether spikes line up with a campaign, dashboard, or public page.