Large buy-limit walls can act like a price magnet—deep liquidity attracts algos and traders hunting fills, often pulling price straight toward the level.
Once the wall absorbs the selling pressure, the magnet flips: liquidity dries up, supply thins, and price can rip away from that zone with force.
- They create a visible demand wall in the order book, signalling that whales / institutions are ready to absorb a dip and accumulate at that level.
- Price will often wick into this zone to fill the wall, then rebound sharply—treat the 7 % band as potential support or entry.
- Such walls can act as liquidity traps: market makers may push price down to trigger retail stop-losses before snapping it back up.
- Confirm that the wall persists as price approaches and that spot + derivatives volume rises; if the wall disappears, it may have been spoofing.
- Always combine order-book context with trend, momentum and higher-time-frame support for higher-probability trades, Just like the extremely powerful indicators on the chart.
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Website: Signup
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Free Customisable Data Alerts Platform:
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.