A high Directional Movement Index (DMI) reading suggests widespread optimism. Compared to its negative index (red), its positive index (green) is greater. With this placement, the uptrend is confirmed and the buying momentum is stronger than the selling momentum.

Additionally, the Elder-Ray index is indicating a favorable trend. By comparing the high and low prices of a candle to the average price, this metric follows the strength of buyers and sellers relative to one another. If the value is positive, it means that token accumulation is more than token distribution, which is bullish dominance.

$TON