Market makers tend to use this area as a point of interest to make traders believe that as price is going higher then the retial traders will follow suit. Well if it was that easy. MM will send price to this area as they area aware that there are orders there from traders with the belief price will go up, they will get those orders filled, they will allow traders to believe price will go up, in the mean time MM are getting shorts filled and Longs filled. They do ths to create the liquidity so that they can manipulate the longs and get their stops hit, and then resume trend upwards
