$WAXP
📉 Still Dumping 📉
$CITY continues to bleed as sellers dominate! 🛑🐻
Despite brief pauses, $CITY remains under heavy selling pressure 🔻 as the downtrend stretches further. Volume spikes 📊⚡ are led by red candles, confirming aggressive sell-offs at every bounce. This is no longer a dip — it's a full-blown dump.
Technical indicators flash warnings: RSI is trending downward 📉🤖, showing no signs of bottoming out yet. MACD just confirmed a fresh bearish crossover 🔄🐻 — signaling more downside ahead if momentum continues.
On-chain metrics worsen the picture. Exchange balances are rising fast 🏦⬆️, showing more $CITY tokens are being sent to exchanges to sell. At the same time, whale distribution is rising 🐋📤 — large holders are offloading into weakness.
Wallet growth is stagnating 🐢📉, and social sentiment is deteriorating 💬❄️. Traders are losing interest, and community morale is dropping across platforms 📱💀. Buy volume is weak 📊⬇️ while sell pressure dominates 📉🛑 — a brutal imbalance for bulls.
There’s still no clear support in sight 🚫🧱. If the trend continues, lower lows are likely. This is a market where caution must be the priority. Manage risk aggressively 🧯 and don’t try to catch falling knives 🔪.
Wait for real structure and reversal signs. For now, patience pays off 🧘♂️ — protect capital, observe closely, and plan entries only with strong confirmations.
⚠️ Not financial advice — always DYOR 🧠📚
📉🛑🐻🔻📊⚡📉🤖🔄🐻🏦⬆️🐋📤🐢📉💬❄️📱💀📊⬇️📉🛑🚫🧱🧯🔪🧘♂️🧠📚