SOL faded from today's high (107.44) back to the lower edge of today's value and is now sitting in a narrow band where several value edges meet.
Where price is: about 104.1, right at today's VAL (104.25) and just under yesterday's VAH (104.50). Still above this week's VAL (103.25).
The decision zone (103.25 to 104.50):
- 104.50: yesterday's VAH
- 104.25: today's VAL
- 103.42: yesterday's VWAP
- 103.25: this week's VAL
If price holds this band, it is still trading inside this week's value. If it accepts below 103.25, it leaves the week's value on the lower side.
Above:
- 105.24: today's VWAP
- 106.04: this week's VWAP
- 106.38: today's POC
- 107.38: this week's POC
Below:
- 102.38: yesterday's POC
- 100.62: this week's low
What I'm watching: a return to today's VWAP (105.24) with volume would mean the move down was rejected at the value edge. Time spent below 103.25 would mean acceptance lower, with yesterday's POC (102.38) as the next volume level. Weekend volume is thin, so wicks through levels are common and do not count as acceptance on their own.
Levels: daily and weekly volume profile (70% value area) and VWAP calculated from Binance SOLUSDT 1-minute volume, sessions in UTC. The chart shows AK FlowBook Lite on the same data.
Education only, not a trade signal.
