Wyckoff once explained the characteristics you need to have to become a great trader. You must perfect yourself in clear thinking, quickness, and accuracy of judgments. Richard Wyckoff concluded that the losers are principally those who trade on what they hear, as well as those who work on facts or what they think are facts. The most successful class of traders are those who work on or simply, read the charts.
I could go on for hours and hours explaining trading ranges with , but I hope I made it clear and straightforward.
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Do you think bulls and bears are institutional traders and there is no record per say of their activity. Only the perception of it as is recorded by the filling of the retail orders. The graph only records the actions of the hogs and sheep.
Like the old American movie "predator" where the predator was invisible and therefore had the upper hand in the game. He simply trapesed around freely slaughtering everyone in plain sight. Once one of the characters figured out his advantage he was able to become victorious over the predator but even so only with great struggle.
Nice posting and thinking by you
Regarding bots, even bots have to follow the natural auction process of any market and probably not relevant, particularly when it comes to S/D based trading as S/D theory regards largely only the unfilled orders of institutions.
To circle back then, a Supply level touched In a "low volume " session could still have merit in another session. Compared to a supply level touched during the london/ny session would likely no longer be considered a viable level.