luigizerozero

I assume you already found your answer as this post is over 2 years old. But I will answer it here as it might help others. It would be great if others would shed some light as well. From Wyckoff days, accumulation and distribution are each divided into phases. This link best explains it. http://www.hankpruden.com/MTWyckoffSchematics.pdf Hank Pruden, btw is someone you should look up and study if you're interested in VSA. What you're referring to should be the period of trading range where prices enter a rigorous shakeout period, or congestion period. As the name implies, there's no real trend in this phase just massive shakeouts and illusions of trend reversal or continuation. With that in mind, you're right in saying that volume will go up near resistance (top) as smart money is dumping and retail investors are entering in the hope of a new bull trend. I'm not sure if volume necessarily shrink at support levels. I will only say that low volume and low spread will be the dawn of a new trend coming. Hope this helps.