Something interesting is happening in the current 0.205–0.211 price range:

Several historical PVP POCs are clustered within this zone.

At the same time, several TPO POCs are also located at nearly the same price levels.


If the price manages to hold above this cluster:

Volume-based participants have accepted the breakout.

Time-based participants are also willing to remain active at these higher prices.


In that case, the probability of the uptrend continuing increases.

However, if the price falls back below this cluster:

The market is likely to be drawn back into its previous area of balance (a return to Value).


Additionally:

Price has been consolidating within the 0.205–0.211 range for several days.

Trading volume has declined compared with the strong rally from 0.147 to 0.20.

Candles have become smaller, and new highs are showing limited strength.


Have the buyers actually become sellers?

If buyers are truly transitioning into sellers, we would expect to see the following signs:

Increasing volume on bearish candles.

The daily POC beginning to migrate lower.

The Value Area shifting downward.

A high-volume breakdown below the lower boundary of this range (around 0.205).


Based on the current Sentism chart, I see this more as a lack of demand and a resting phase after a strong uptrend, rather than a full distribution phase. If the 0.205 level is lost over the next few days and new POCs begin forming at lower prices, then the probability of the market entering a genuine distribution phase will increase significantly.