$BNB

RSI means Relative Strength Index โ€” itโ€™s a momentum indicator used in trading to show whether a coin (or stock) is overbought or oversold.

Letโ€™s make it easy ๐Ÿ‘‡

๐Ÿ”น 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).

๐Ÿ’ก Example:

Letโ€™s take the coin BNB/USDT.

Suppose RSI = 25

โžœ This means BNB is oversold, so it might go up soon.

โžœ You can buy here (a possible entry point).

Suppose RSI = 80

โžœ This means BNB is overbought, so it might drop soon.

โžœ You can sell or avoid new entry.

โœ… Quick Rule:

RSI 30โ€“40 โ†’ Look for buy opportunities

RSI 60โ€“70 โ†’ Look for sell opportunities

RSI 45โ€“55 โ†’ Neutral (wait and watch)

#LearnFromMistakes