$SHIB SHIB Bear Flag 🐕📉 | Downtrend Threat Looms, Sellers Holding Strong ⚠️🧊

📉 SHIB is flashing bearish signals once again — and this time, it’s forming a classic bear flag pattern on the charts 🏴‍☠️📊. This formation often hints at continuation of the downtrend, and it’s starting to play out.

📊 Volume spikes on red candles show sell pressure increasing 📉🔥. Meanwhile, the RSI is flattening near oversold zones ⚠️ — not yet rebounding — suggesting momentum remains with the bears. The MACD is still below the signal line, keeping the bearish bias in control 🧯🔻.

🐳 On-chain, whale distribution is evident 💼📤. Major wallets are shedding positions, and exchange balances are rising 🏦📈 — a sign that holders may be preparing to dump or exit on any short-term bounce 🚪💣. Wallet growth is slowing, indicating weaker demand in this phase.

📉 Sentiment is cooling across social platforms 🌬️📉. The meme magic seems to be fading for now, and buyers are sitting on the sidelines. Without renewed hype or a technical reversal, the path of least resistance may remain downward.

🛡️ SHIB must hold above key support zones or risk a further slide. If the bear flag breaks to the downside, we could see accelerated losses ⚠️🚨. For now, it’s crucial to manage risk and stay away from emotional entries.

This is a waiting game — patience pays off for those watching closely 👁️⏱️. A reversal will need both strong volume and momentum confirmation.

⚠️ Not financial advice — always DYOR 🧠📚