Looking at the previous instances in the last 6 months that RSI has been this overbought, everytime it has immediately had a sharp dip. One concerning factor is the delay how it has consolidated now for a few semi-tight closes but the R/R ratio 4/1 compensates for that.
Price target 1 if it reversed would be the point of control, although another more ambitious target would be waiting for the RSI to get oversold.
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