⏰ $Q Daily RSI surged to 75.1🔥
Take a moment to cool off and understand RSI first👇
“Overbought” means prices have risen too quickly and too sharply recently. It doesn’t mean there are too many buyers, nor does it mean a drop is imminent.
Rare readings are usually accompanied by more volatile price swings. That’s when you should consider reducing your position, not placing a big bet.
#Q
Take a moment to cool off and understand RSI first👇
“Overbought” means prices have risen too quickly and too sharply recently. It doesn’t mean there are too many buyers, nor does it mean a drop is imminent.
Rare readings are usually accompanied by more volatile price swings. That’s when you should consider reducing your position, not placing a big bet.
#Q