Sell Wall

In a sentence

A large sell wall appeared in the order book just above the current market price.

• A large sell wall appeared in the order book just above the current market price.
• Buyers had to absorb the sell wall before the asset could move higher.
• The apparent sell wall disappeared when the trader canceled the orders.
• Some traders interpret a persistent sell wall as near-term resistance.
• The exchange chart showed a sell wall formed by several large limit orders.