$LINK 🔻 LINK Forming Bearish M Pattern 🧨📉 | Breakdown Risk Ahead — Stay Alert! 🐻🚫

LINK is flashing warning signs as a bearish M pattern unfolds on the chart 📉📊. Price action shows two clear rejection peaks, with momentum fading fast after failing to breach key resistance twice 😵🚧.

📉 RSI is rolling over and heading downward ➡️📉, while MACD just crossed bearish, adding fuel to the downside potential 🔥🔻. These signals suggest momentum is now with the bears.

📊 On the volume side, sell pressure is increasing, and buy volume is dropping off — a dangerous combo that could lead to a quick breakdown if support fails 🧯💣. The neckline is the final line of defense — and it’s looking fragile 🧨⚠️.

🐋 On-chain data is flashing red: whale wallets are distributing, and exchange balances are climbing 📈🏦. That means tokens are being moved into platforms, often a sign of planned sell-offs 👀📤.

📉 Meanwhile, wallet growth is slowing, and social sentiment is cooling, further confirming the cautious mood across the ecosystem 🧊📱.

⏳ If the neckline breaks, LINK could drop hard — manage risk closely, and don't get trapped in a falling knife ⚠️🔪. Momentum favors the downside unless bulls step in with volume backup.

🚫 Patience pays off in setups like these. Let the pattern confirm before acting — or you might ride the wrong wave 🏄‍♂️❌.

⚠️ Not financial advice — always DYOR 🧠📚