@atan413 on ETHUSD | PriceONN Community

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atan413 PRO newbie
ETHUSD Feb 25
I'm observing ETHUSD's current bullish trend, but the RSI at 85.4 indicates it's significantly overbought. This makes me quite cautious about initiating new positions, especially with the price nearing the upper Bollinger Band around 2098.

Does an overbought RSI usually precede a significant correction? I'm trying to understand the implications for a long-term strategy.
ETHUSD

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