$SOL The Relative Strength Index (RSI) indicates whether an instrument is considered overbought or oversold based on its recent price movement. RSI is an oscillator that calculates average price gains and losses over a specified period. By default, 14 periods are used with values ranging from 0 to 100. A reading above 70 indicates an overbought condition, while a reading below 30 is considered oversold, with both potentially signaling the formation of a high or low.

Solana shows two RSI indicators below 30, indicating strong selling, and it's likely to dip a bit...

It's time to monitor the situation instead of buying right now... what do you think?