Technical analysis by fxtraderanthony about Symbol LINK: Sell recommendation (5/5/2025)

🚨 Market Watch: LINK/USDT Analysis 🚨I'm currently keeping a close eye on LINK/USDT. 🧠 On the daily chart, we've observed a clear break in market structure 📉—and dropping down to the 4H timeframe, we see further confirmation of that shift.At this point, price is looking a bit overextended 🏃‍♂️💨, and I’m anticipating a retracement back into equilibrium based on the current price swing 📊. This could set up a high-probability short opportunity 🎯.📹 In the video, I dive into:Overall trend direction 🔁Market structure shifts 📐Price action breakdown 🕵️‍♂️And key support/resistance levels to monitor for target zones 🧱My stop loss would be positioned just above entry, using around 2x ATR for smart risk control 🛡️. As for targets, we could see moves as wide as 6x ATR—but it's crucial to reference the left side of the chart for confluence 📅📈.I’m aligning this setup with my Fibonacci retracement strategy, which we also covered in the video 🔢📏.This is not financial advice. Always trade your own plan. ⚠️📉💼If you took this entry on the retrace as mentioned in the video, you could take partial profits, and move your loss to breakeven