$FORM
🔻⚠️ FORM Bearish M Pattern — Sellers Taking Control! 📉💥
FORM is forming a classic M-shaped top, signaling weakening bullish momentum and a potential downside move 🔻💪. Key resistance levels are holding, and sellers are stepping in aggressively 💼📊.
📊 Volume is rising on sell pressure — red candles are stacking, showing bears are dominating 📉🔥. On-chain data hints at whale distribution 🐳⚠️, while exchange balances are increasing 📈🏦 — tokens are moving back to exchanges, suggesting possible sell-offs 👛💥.
⚡ Technical indicators reinforce the bearish outlook: RSI is flattening or trending downward, MACD shows a bearish crossover, and breakout failure signals are appearing 🔄📊. Momentum clearly favors sellers, pointing to further downside 🚨📉.
💬 Social sentiment is cooling ❄️💬. Community engagement is slowing, wallet growth is stagnating, and fear could accelerate selling 👀📢. Traders are monitoring volume spikes and breakdown confirmations for shorting or risk management opportunities 🎯🔻.
⏳ Caution is still essential ⚖️🧯. Even with bearish setups, sudden bounces are possible. Managing risk is key while navigating potential downtrends 💰🕰️.
💥 If current conditions hold, FORM could test key support zones and continue its bearish trajectory 📉⚡. Keep an eye on whale movements, volume, and technical confirmations for the best exit or shorting strategies 📊🔥.
⚠️ Not financial advice — always DYOR 🧠📚