đ Think RSI < 30 Means "Buy Now"? Think Again! đ¨
Technical Analysis is powerfulâbut not infallible. In extreme market conditions, its predictive power can break down. đĩâđĢ
Take the Relative Strength Index (RSI)âa reading below 30 usually suggests an asset is oversold. But does that mean it's immediately a buy signal? đ Absolutely not!
Markets are ultimately ruled by supply and demand, and sometimes mass panic, FOMO, or Black Swan events (think 2020 crash or LUNA collapse) tip the scales beyond what charts can foresee.
đ During these emotional rollercoasters, even seasoned indicators like RSI, MACD, or Bollinger Bands can give false signals.
đ§ Pro tip: Donât treat indicators as gospel. Always consider market context, macro events, and trader psychology.
⨠TA is a tool, not a crystal ball. Respect the chaos. Trade with strategy.
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