$PIEVERSE Daily RSI is 76.1, in overbought territory, with the current price at 1.7175.
Everyone, what is RSI? Here’s the short version👇
The 14 in RSI means 14 candles: on a 4-hour chart, that covers a little over two days (56 hours); on a daily chart, it’s exactly two weeks.
RSI is calculated from historical prices and describes the strength of past price movements. It can’t tell us where the market will go next.
Understanding this indicator helps you avoid being spooked by a single number—not predict tops and bottoms.