Technical analysis by Wavetrendtrading about Symbol LINK: Sell recommendation (2/6/2025)

The price has made a decisive move below the 1-day Ichimoku Cloud, signaling a clear shift toward bearish momentum. While the lagging span (Chikou Span) has broken below the price, it has yet to confirm a clean break below the Kumo. This setup represents an early entry to capitalize on potential downside momentum, anticipating that price could accelerate lower.Should the lagging span confirm a clean break below the cloud, I will look to scale into my position, reinforcing the trade with higher conviction as bearish momentum solidifies.