$PENGU Pengu Head & Shoulders 😨📉 | Warning Signs Flashing Across the Charts ⚠️🐧

🚨 The head and shoulders pattern on Pengu is becoming hard to ignore 👀📊 — and it might spell trouble for the current trend. Price is hugging a key neckline support level, but with each test, the bulls are looking shakier 😬📉.

🔻 Volume is declining as the pattern matures — a classic sign that momentum is fading 💤📊. If we see a decisive breakdown below the neckline, sell pressure could accelerate rapidly, leading to a short-term market dump 🚨💣.

💼 On-chain metrics are flashing warnings: whale distribution is picking up 🐋📤, and exchange balances are rising, suggesting that large holders might be preparing to offload 💼🏦. Not a great sign for price stability 📉🧯.

📉 MACD is curving downward, hinting at a bearish crossover 🐻🔄, and RSI is flattening, showing a lack of buying enthusiasm 🎯🪫. These signals align with the bearish structure we’re seeing on the chart.

📢 Meanwhile, social sentiment is cooling — fewer mentions, less hype, and growing doubt among degens 😓📱. New wallets are slowing too, which could limit any bullish comeback 🐢📉.

🔥 However, if bulls hold the neckline and flip it into support again, we could see a surprising bear trap and reversal ⚒️🚀 — but for now, caution is the play. This is a moment to manage risk, not chase dips blindly ⚖️🧠.

💡 Eyes on the chart, degens. If the pattern confirms, Pengu could dip hard before any relief bounces. Don’t get trapped. Stay frosty 🧊🐧.

⚠️ Not financial advice — always DYOR 🧠📚