medium · Volume Price Analysis support-resistance
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?
- As a strong support level due to the dense history of transactions.
- As a No Supply zone, indicating that buyers have left.
- As a Point of Control that causes an immediate trend reversal.
- As a vacuum that sucks the price through this level quickly to the next node.
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