The Relative Strength Index (RSI) is a popular indicator in binary options trading used to determine whether an asset is overbought or oversold. RSI ranges between 0 and 100, with values above 70 indicating overbought conditions and values below 30 indicating oversold conditions.

💡In binary options trading, RSI values below 30 are considered buy signals, while values above 70 are considered sell signals. However, for increased accuracy, it is recommended to use RSI in conjunction with other indicators such as Moving Averages (MA).

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