SYRUP continues to flash bullish signals, with its Aroon Up line currently at 100%—a level that reflects strong buying momentum and suggests the uptrend is likely to persist. The Aroon indicator, a popular trend-following tool, tracks how recently an asset has recorded new highs or lows to gauge trend strength and direction.
A 100% Aroon Up reading typically signals that the asset has recently posted a new high, reinforcing the presence of sustained buy-side pressure. In SYRUP's case, this aligns with its recent breakout to a fresh local high, further boosting traders' confidence in the current rally’s momentum.
A 100% Aroon Up reading typically signals that the asset has recently posted a new high, reinforcing the presence of sustained buy-side pressure. In SYRUP's case, this aligns with its recent breakout to a fresh local high, further boosting traders' confidence in the current rally’s momentum.
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Full story here beincrypto.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.