$JUV

JUV Faces Selling Pressure ⚠️📉 | Bearish M Pattern Emerges 🐻🔻

JUV is showing signs of weakness 📊🚨 as a classic bearish M pattern forms on the charts. After attempting a rally, price failed to hold key resistance levels twice, creating a double-top formation that hints at potential downside.

📉 The M pattern occurs when price peaks twice at similar levels, forming a double-top (the “M”) 📏⬇️. This pattern is often a warning of trend reversal, signaling that sellers may dominate the market in the near term.

💼 Technical indicators reinforce the bearish outlook. RSI is trending lower 📉🎯, signaling reduced buying interest. MACD is curling toward a bearish crossover 🔄🚨, and red-volume spikes on minor rallies 🔻🔥 suggest that selling pressure is outweighing buying activity.

On-chain metrics align with the technical weakness. Exchange inflows are rising 📈🏦 as JUV moves from private wallets 🔐👛 into trading platforms — a classic precursor to increased selling. Whale wallets 🐋📦 have trimmed positions, while wallet growth among smaller holders has slowed, reflecting a cooling market.

❄️ Social sentiment mirrors the technical picture. Hashtags like #JUV 💬🧊 and #JUVToken are losing momentum, while attention shifts toward ETH 🪙💎, SOL 🏎️💨, and DOGE 🐶🔥. Traders are posting caution emojis and warnings in community channels as fear creeps back into the market.

⚠️ If JUV breaks below support zones 📏⬇️, analysts warn that further downside could follow, potentially testing lower support levels. Short-term traders may use this setup for bearish entries, while bulls will need a decisive reclaim of resistance to reverse momentum.

🐻 The M pattern is a reliable warning signal in crypto, showing that caution is warranted. Ignoring this pattern can be risky, especially in volatile markets where momentum swings quickly.

JUV’s chart currently favors the bears, and traders should proceed carefully until bullish signals reappear.