medium · Volume Price Analysis

A Volume at Price (VAP) histogram shows a large 'High Volume Node' at $32.00.

As the price approaches this level from above, how will this node likely function?

  1. As a strong support level due to the dense history of transactions.
  2. As a No Supply zone, indicating that buyers have left.
  3. As a Point of Control that causes an immediate trend reversal.
  4. As a vacuum that sucks the price through this level quickly to the next node.

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