$BONK Bonk Forming M Pattern ⚠️🐶 | Caution Urged As Chart Flashes Bearish Setup 📉🔍

🐾 The barking might quiet down — Bonk is flashing early warning signs with a clear M pattern emerging on the chart 🟠📉. Historically a bearish reversal setup, this formation often signals that the bulls are losing control, and a pullback could be looming. 🧨🚨

📊 The RSI is flattening after recent highs, suggesting momentum is stalling 🎯😶. At the same time, MACD shows signs of a bearish crossover, which could seal the deal for a potential short-term drop 🪂💀.

📉 Sell pressure is increasing, especially as buy volume declines on every retest of resistance 🧱🟥. Market is showing hesitation — candles are shrinking, and volume spikes are red-dominant 📛📉. That’s a key shift from bullish momentum to distribution phase.

🐳 On-chain whispers show whale distribution kicking in — some large wallets are offloading, while exchange balances are slowly rising 🏦📈. That signals that tokens are moving back onto exchanges, often a precursor to selloffs 🧯📦.

📉 Social sentiment is cooling fast — memes are slowing, community energy is dropping, and wallet growth is stagnating 😬📉. Without fresh hype, Bonk risks slipping into a cooldown cycle.

💣 Traders should stay sharp — if the M pattern confirms with a breakdown below support, it could spark a quick dip. 📉🚪However, invalidation is possible if bulls step in fast with big volume to reclaim highs 🛡️🟢. Timing is everything.

🔥 Bonk has barked loud before — but this time, the pattern is a warning growl. Trade carefully, and don’t chase rebounds blindly.

⚠️ Not financial advice — always DYOR 🧠📚