$MET Daily RSI(14) is 75.3, entering overbought territory, with the current price at 0.4608.
Overbought means the price has risen sharply in the short term; it doesn’t mean a top is imminent. In a strong market, RSI can remain above 70 for a long time. A bearish divergence is more worth watching: the price makes a new high, but RSI does not.
Signals carry more weight when multiple timeframes align.
DYOR, and trade rationally.
Overbought means the price has risen sharply in the short term; it doesn’t mean a top is imminent. In a strong market, RSI can remain above 70 for a long time. A bearish divergence is more worth watching: the price makes a new high, but RSI does not.
Signals carry more weight when multiple timeframes align.
DYOR, and trade rationally.
