A true story: $CYBER 4-hour RSI at 79.9, entering overbought territory, with the price at 0.375.
RSI 79.9—and my blood pressure went up too.
A quick serious explainer: RSI 50 is often seen as the dividing line between strength and weakness. Staying above 50 suggests upward momentum is prevailing; below it, the opposite is true.
Indicators can be wrong, but risk management shouldn’t be absent: deciding in advance what to do if you’re wrong matters more than predicting correctly.
RSI 79.9—and my blood pressure went up too.
A quick serious explainer: RSI 50 is often seen as the dividing line between strength and weakness. Staying above 50 suggests upward momentum is prevailing; below it, the opposite is true.
Indicators can be wrong, but risk management shouldn’t be absent: deciding in advance what to do if you’re wrong matters more than predicting correctly.
