Hi! I am currently watching $BNB . On the 4-hour chart, the RSI is showing 31.25, which is close to the oversold zone. In simple terms, this means that the asset looks “oversold” and the price may stop falling or even go up.

Whether this will actually happen is anyone’s guess, but historically, such situations have often resulted in a rebound. I am taking my time, just watching and seeing how things develop. Also, this is a good time to learn more about indicators.

Are you paying attention to the RSI? What do you think about $BNB right now?