🪢 Trap of "Overbought"📈 $TST
Ideal for explaining the Stoch RSI indicator (the line chart in the background).
The Stoch RSI tells us if an asset has been bought too quickly (overbought) or sold too much (oversold).
What we see: $TST has had a strong rise, but the Stoch RSI is at 82.6 and 89.6. Historically, when this indicator exceeds 80, the price tends to "rest" or fall.
Key lesson: Although the chart looks "green" and exciting, entering when the Stoch RSI is this high is risky. It's time to watch, not chase the price.
"If the RSI is at the ceiling, the entry has already passed. Patience is profitability."
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