The RSI indicator is often referred to as the key to reading oversold or overbought conditions. When the RSI is below 30, many interpret the price as being 'cheap,' while above 70 is considered 'expensive.' However, reality is not always that simple. Some wait for confirmation from volume or specific patterns. Additionally, the Fear & Greed Index also plays a role: if market sentiment is in 'extreme fear,' even if the RSI is oversold, prices can drop further before rebounding. There is no perfect indicator. Everything requires interpretation. For those who understand, the RSI can be a 'faithful companion,' but don't forget to combine it with other analyses to avoid being trapped by false signals.

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