RSI 101: Can This Simple Tool Predict a Pump or Dump?
Ever wondered if a coin is about to take off—or crash? The RSI (Relative Strength Index) might have the answer!
Here’s how it works:
1. It Measures Momentum
RSI tracks how fast and how far price moves—basically the "strength" behind the price action.
2. It Oscillates Between 0 and 100
Above 70 = Overbought (Too much hype? A correction might be near.)
Below 30 = Oversold (Too much fear? A bounce could be coming.)
3. It Helps Spot Reversals
If RSI is flashing 80+, the rally might be overheating. If it’s down near 20, sellers could be exhausted.
Bonus Tip:
Combine RSI with trendlines or volume for even stronger signals!
Bottom Line:
Next time you're eyeing a coin, check the RSI. It won’t guarantee the future—but it’ll give you a solid edge.
Smart traders don’t guess—they read the signals.
