$BB — M-shaped pattern warns of a decline? 📉💣

🚨 BounceBit traders, beware — a dangerous reversal signal is forming on the chart: M-shaped pattern. This may indicate that the asset has encountered double resistance and is at risk of entering a deep correction 🔻.

📊 The technicals do not favor growth:

RSI is approaching the overbought zone 🎯

MACD indicates a possible bearish crossover ⚠️

Volumes are declining — buying pressure is weakening 📉

🐋 On-chain signals are also alarming:

Whales are selling off positions

Balances on exchanges are increasing

Cold wallets are stagnant — accumulation has stopped 🧊

🧠 Social interest is declining: mentions of BB are falling, influencers are moving on to new meme coins like $Jeetkiller and $Pumpmepls 🤡🚀

But there is still hope: 🔁 In the past, BB has sharply rebounded when volumes returned

🤝 Rumors of partnerships (👀 Polygon?) could change everything

📈 A bounce is possible — but only with a shift in market sentiment

⚖️ Conclusion: for now, the risks outweigh the rewards. Keep an eye on the volumes, RSI, and the actions of whales. Don’t catch false bounces. Caution is your main weapon in such moments 💼📉