RSI
Is the market really "overbought"? Or are some buying at the peak without awareness? 🤯
Today we introduce you to one of the strongest technical indicators:
📉 *RSI* Indicator = Relative Strength Index.
What does it do? It reveals when the market is in a state of:
🔺 *Overbought* = the price may drop
🔻 *Oversold* = the price may rise
Key values:
✅ Above 70 = Overbought (beware of late entry)
✅ Below 30 = Oversold (potential rebound opportunity)
But wait!
🛑 Do not trade based on RSI alone!
Combine it with MACD or trend or candlesticks.
