$ADA Cardano’s Bearish M Pattern ⚠️📉 | Sell Pressure Rising & Technicals Flashing Warning 🚨🐻

Cardano is printing a clear M pattern on the charts — a textbook bearish formation often signaling further downside ahead 📊🔍. The second peak failed to break higher, confirming strong resistance and showing sellers are firmly in control 🛑📉.

📉 Sell pressure increasing as red candles stack, with buy volume declining 🔻🟢. RSI is flattening after a failed breakout attempt 🎯📈➡️📉, while the MACD shows a bearish crossover — both hinting at weakening momentum 📊💔.

🐳 On-chain data reveals whale distribution in progress 🐋📦. Exchange balances are rising 📈🏦, meaning more ADA is flowing to trading platforms — often a precursor to selling pressure. Wallet growth is slowing, and social sentiment is cooling ❄️💬, showing traders are becoming cautious.

💥 Volume spikes on down moves suggest large players are actively unloading positions, creating market uncertainty and shaking out weak hands 🌀🤯. Without a strong reversal signal, patience pays off — rushing in here could mean catching a falling knife 🔪⚠️.

⏳ If the M pattern fully plays out, ADA could retest lower support zones and possibly trigger a deeper correction. For now, this setup screams manage risk and watch the charts closely 🔍🛡️.

⚠️ Not financial advice — always DYOR 🧠📚