The RSI is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and helps traders identify overbought or oversold conditions. When the RSI moves above 70, it suggests an overbought market and a potential reversal. Conversely, when it drops below 30, it indicates an oversold market and a possible upward correction. Combining RSI with other indicators can enhance trading strategies.

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