$IOTA IOTA Bearish M Pattern ⚠️📉 | Breakdown Risk Rising & Sell Pressure Mounting 💣🔻
📊 The chart is flashing a clear bearish M pattern — a classic sign of potential downside continuation. Strong resistance has capped the upside 🚫📈, and attempts to break higher are being rejected. This setup often signals a trend reversal toward weakness.
📉 Technicals are leaning bearish: RSI flattening shows momentum cooling 🧊🎯, while the MACD is crossing downward with a bearish crossover 🔻📊. Together, these indicate that the market could lose steam quickly if buyers don’t step in.
🔥 Volume analysis is concerning too. Buy volume is declining while sell pressure is increasing 📉💰. Without bullish conviction, downside liquidity hunts may become the next play.
🐋 On-chain metrics confirm the risk: exchange balances are rising 🏦⬆️, suggesting tokens are moving back into trading platforms — a whale distribution pattern that often precedes sharper drops. At the same time, wallet growth is slowing, showing weaker network participation 👥❄️.
💬 Social sentiment is also cooling off 📉🗨️. Hype around the project is fading, and the crowd’s attention is shifting elsewhere. This lack of momentum makes it harder to support a recovery.
⚖️ Traders should remain cautious. Market uncertainty is high, and chasing bounces in a bearish setup can be costly. Always manage risk and remember that patience pays off — waiting for confirmation is smarter than forcing a trade.
If the M pattern confirms, the market could see further downside before any relief bounce appears. Stay sharp and protect your positions. 🚨
⚠️ Not financial advice — always DYOR 🧠📚