📊 **Understanding RSI: A Key Indicator for Your Trading Strategy for bullish and bearish signals
The Relative Strength Index (RSI) is a powerful momentum oscillator that helps traders identify potential bullish and bearish signals in the market. Here’s how to use it:
1. **Bullish Signal**: When the RSI crosses above 30, it indicates that an asset might be recovering from being oversold—this could be a signal to buy.
2. **Bearish Signal**: When the RSI crosses below 70, it suggests that an asset might be losing its momentum after being overbought—this could be a signal to sell or short.
Use these RSI signals to time your trades more effectively on Binance! 🚀
*Tip: Combine RSI with other indicators for even better accuracy!*$ETH $SOL $BNB
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