Value Area is a technical analysis concept derived from Market Profile theory, representing the price range within which approximately 70% of the previous session's trading volume occurred. It is bounded by the Value Area High (VAH) and Value Area Low (VAL), with the Point of Control (POC) being the single price level where the most volume was traded. Traders use the Value Area to identify zones of price acceptance and rejection—prices within the value area are considered fair value, while prices outside it may indicate opportunity for mean reversion or breakout trades, depending on market context.