Not sure I can follow your logic. What do you mean with "highest transaction volume". The highest transaction volume is always close to the current price and if that increases, the location where the highest volume is, also increases. In a bull market it goes up, but in a bear market that can rapidly go down as well. Or did you mean the order book, where the highest volume sits?
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Those are simply the price points that saw the highest on chain transactions as well as the most Exchange volume. Large volume areas tend to work as support areas as price (and people) tend to have memory when trading.