LINK Liftoff Imminent! The train is leaving the station! 🚀

LINK/USD 1W chart highlights price respecting a long-term ascending support zone, with a significant target at $109.685. Current price around $21.715.
Alright team, let's break down this juicy LINK/USD chart and see what's cooking! This is the weekly timeframe, so we're talking about major long-term moves.

From a technical perspective, LINK is looking incredibly bullish. We can clearly see the price has been respecting a strong ascending support zone, which has formed the bedrock of its long-term uptrend. This zone is currently holding firm. We also have a notable horizontal support at $7.828 that previously acted as a strong demand area. Current price is hovering around $21.715, and the chart has a very clear, ambitious target at $109.685.

My take? As long as LINK continues to hold above this long-term ascending support, the path of least resistance is definitely to the upside. This setup suggests a continuation of the bullish momentum, potentially leading to significant gains in the mid to long term. Keep an eye on that $109 target – it's not out of reach if this trend holds!

Highly recommend HOLD and Stacking LINK at Binance.
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