Sell Wall

Sell Wall: A sell wall is a large limit sell order placed on a cryptocurrency exchange. It significantly exceeds typical order sizes. This creates resistance to price increases. Traders view it as a barrier to upward price movement. It can signal strong selling pressure at a specific price point. When encountered, buyers must purchase all units in the sell wall before the price can rise further. Sell walls can be strategic, used by traders to maintain lower prices or manipulate market perception. Understanding sell walls helps traders assess market dynamics and price trends.