RSI is oscillator and it is good for the range trading, but now the range is broken, so RSI now is more harmfull than usefull. Support level is strong, and it is FIBO level as well, but it doesnot mean it can not be broken. If it happen, downswing will be dramatic, and we can see 1700-1500 soon.
Conclusion - if one is greedy or risky then sure one can start to buy, but with short stoploss. More reasonable is to wait untill RSI turn upward and show a least sign of upward correction.
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