A Point of Control (POC) is the price level at which the most trading activity occurred during a given time period, usually a trading session or a day.
The POC is typically identified by analyzing a chart, such as volume at each price level, and identifying the price level with the highest volume. This level is regarded as the point at which the majority of buyers and sellers agreed on a fair price for the asset during the specified time period.
Traders can use the POC to identify potential support and resistance levels, as well as to gauge overall market sentiment. Traders can also use the POC to inform their strategies, such as entering trades close to the POC in the hopes of capturing a potential trend reversal or breakout.