$ETH

RSI Indicator Analysis:

• The RSI indicator is at a level of 61.56.

• Level 60-70: Considered close to the overbought zone, indicating that the upward trend may lose strength soon.

• If the RSI continues to rise and reaches 70 or higher, it may signal overbought conditions and the possibility of a correction or decline.

• If the RSI reverses from this level and starts to decline, it may indicate that buyers are losing control.

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When should we exit?

• If the RSI exceeds 70, it can be considered an exit signal to lock in profits.

• If the RSI starts to decline sharply from the 61-70 level, it may be wise to consider exiting to avoid a correction.

• It is preferable to use other indicators to confirm market movement, such as MACD or Volume SMA.

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