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UWU

Repeated 2000 Sell Wall Capping Price

I see someone keeps placing a sell order at 2000 to cap the price — it looks like a deliberate resistance or a sell wall. It's frustrating to watch the price stall repeatedly at that level.

I suspect it's a whale or an automated order trying to pressure the market; I'll monitor the order book and avoid chasing until I see either the wall absorbed or a confirmed breakout above 2000.

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Analysis

A persistent sell order at 2000 establishes a clear resistance that can suppress upward momentum. It may be a large actor or algorithmic selling; without significant buying volume to absorb it, the ma...

Recommendation

Don't chase the move. Watch the order book and volume: consider buying only after the sell wall is absorbed and price breaks above 2000 with conviction, or scale in on a controlled dip with size limit...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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