$BNB
RSI means Relative Strength Index โ itโs a momentum indicator used in trading to show whether a coin (or stock) is overbought or oversold.
Letโs make it easy ๐
๐น RSI Basic Idea:
RSI above 70 โ Coin is overbought (price went up too fast, may fall soon).
RSI below 30 โ Coin is oversold (price dropped too much, may rise soon).
๐ก Example:
Letโs take the coin BNB/USDT.
Suppose RSI = 25
โ This means BNB is oversold, so it might go up soon.
โ You can buy here (a possible entry point).
Suppose RSI = 80
โ This means BNB is overbought, so it might drop soon.
โ You can sell or avoid new entry.
โ Quick Rule:
RSI 30โ40 โ Look for buy opportunities
RSI 60โ70 โ Look for sell opportunities
RSI 45โ55 โ Neutral (wait and watch)
