Dent looks like accumulation at supply zone going on, volume profile at fixed range also suggest the same , as the POC( point of control ) also comes at same level , looks like weak hands are getting exchanged with strong ones .
volume study shows that with increase in price volume also increased which is bullish sign , now when price is consolidating volume is dried up this is also bullish sign this type of dried up volume in higher high market structure is called bullish accumulation volume .