On the Binance BTCUSDT spot market, a volume profile with a 1 USDT resolution on the current daily rotation shows a POC (Point of Control) around 30185 USDT.
With some noise, the daily candles in this current accumulation zone have been playing with the current VAL and VAH as support and resistance.
Over the past several days, the current POC has behaved as it often does, as a magnet.
A return to the current POC range around 30185 USDT (from the current 29300 USDT price action up) is a reasonable bull swing target to watch.
With some noise, the daily candles in this current accumulation zone have been playing with the current VAL and VAH as support and resistance.
Over the past several days, the current POC has behaved as it often does, as a magnet.
A return to the current POC range around 30185 USDT (from the current 29300 USDT price action up) is a reasonable bull swing target to watch.