30 minutes chart??

$PEPE Pepe Bearish M Pattern 🐸⚠️ | Chart Breakdown & Market Risks 📊🔻

🐸 Pepe’s chart is flashing a bearish M pattern — a classic reversal signal that traders can’t ignore 👀📉. This structure often points to sell pressure increasing and potential downside ahead, especially when paired with weakening technical indicators.

📊 The RSI is flattening after failing to push higher 🎯⬇️, showing that momentum is fading. Meanwhile, the MACD has rolled into a bearish crossover 🔄🔻 — a technical warning that buyers are losing control. These signals combined with the M formation amplify risk in the short term.

💥 Recent volume spikes came mostly from the sell side 📉💸, suggesting that whales may be distributing their bags quietly 🐳📦. On-chain data shows exchange balances rising 🏦⬆️, a red flag that tokens are moving back onto platforms — often before dumps.

📉 Wallet growth is slowing, and social sentiment is cooling off 🥶📱. What was once hype-driven FOMO is now turning into hesitation, with traders debating whether the run is over. That uncertainty feeds into the bearish case, especially with buy volume declining steadily.

⚠️ While market uncertainty still allows for short-lived bounces, the technical setup leans toward caution. If the M pattern confirms with a breakdown below support, a sharper move lower could unfold fast 🚨💣.

🔑 The key now: manage risk and avoid overexposure ⚖️. Chasing small green candles in this setup can lead to being trapped. Patience pays off — let the pattern play out and only act when the next clear trend emerges ⏱️📊.

🐸 Pepe’s chart is at a make-or-break point — and the next few candles could decide if this M pattern drags it lower or if bulls step in for a surprise defense. Stay sharp, the battle is heating up! 🔥⚔️

⚠️ Not financial advice — always DYOR 🧠📚