It sure is. A multilevel profile is pretty much ideal for a wall dive IMO, especially if your entry and exit points are the same. Descend to deepest level, hold that until you reach the predetermined bottom time at deepest level (or min gas at that depth), ascend to shallower depths - usually about half of max depth - and start on the return leg. That way, you'll see different parts of the wall on the two legs of the dive while still surfacing close to your entry point, and as a bonus, you'll extend both your NDL and gas time compared to a square profile dive.
It's always possible to pre-plan based on your own personal limits. Myself, I try not to go deeper than about 25m, both due to the short bottom time and because I'm a bit susceptible to narcosis. A simple simulation, either with the eRDPml, proprietary software like Suunto's Dive Planner, shareware like V-Planner or even hacking it with the RDP can give you some nice boilerplate plans to use as a basis. My standard multilevel dive is something along the lines of 20 min at max 25m, then 20 min at max 15m. Alternatively, 25 min at 20m, then 30 min at 12m. Add the safety stop, and my total run time is 45-60 minutes, and I surface well before I suck my tank dry. At shallower max depths, I can stay underwater until I have to surface to avoid peeing in my suit (which is just in excess of an hour's run time, after that my bladder is starting to become uncomfortably full...)
Of course, this planning thing may be slight overkill if the guide decides on the dive plan and you've never been to the site before. But I think it's a good thing to have an idea of what constitutes a sensible dive for myself even if I have to tag along after a guide