What is the point of control in volume profile?
The point of control is the single price where the most volume traded in a profile. By business done, it is the fairest price of the session. That is also why it is a bad place to enter. Most positions are anchored there, so price chops around it. Do not take trades from the area where you expect the most chop.
Use it as a barometer instead. After a rejection from a value area high, price reaching the point of control and holding under it says the move is being sustained. Reclaiming it says the opposite. The level measures control more than it offers entries.
The point of control failing is information. If most of the session's business printed at one price and the market closes through it and holds, the side that built those positions is losing the tug-of-war. That failure can be the trigger, with the stop on the other side of the line. And when a session closes outside of value, expect the next one to pull back toward the point of control.
Sources: Volume profile beginner guide · Best volume profile strategy · CZT Playbook