medium · Volume Profile Analysis reference-levels-migration

Two sessions ago, the Point of Control was at 4,350. Price subsequently broke below that level, and on the current session price has returned to 4,350 and is stalling there with visible two-sided activity.

Which value-migration concept best explains why 4,350 is drawing attention?

  1. It is a Naked POC from a prior session, acting as a magnetic reference level that price tends to revisit
  2. It is a Low Volume Node that price passes through quickly due to minimal prior acceptance
  3. It represents the Value Area High of the current session's profile
  4. It is the Initial Balance midpoint and serves as the pivot for the current day's range

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