University Physics Notes: Quantum Mechanics – Features of Bound State Wavefunctions
The particle moves fastest in regions of minimum potential energy.
Since it moves fastest and has most energy there, it's wavelength is
shorter. It spends least time in those regions and so the probability
of finding the particle there is low, hence
is
small. It moves slower in regions of high potential energy and spends
most time in these regions, hence
is
bigger there. In these regions it has less energy and it's wavelength
is larger.
The number of radial nodes increases by one with each increase in energy level.

The wavefinction decreases to zero outside the quantum well since it is a bound wavefunction.