Cardano Breakout Watch: Can $ADA Finally Push Toward $1?

Cardano has been pressing against resistance for weeks, and the market is now watching closely. With ADA trading around $0.93, momentum is building as buyers test the strength of critical levels.

📊 Why Traders Are Paying Attention

✅ The Chaikin Money Flow has surged to a two-month high → signals strong inflows and growing confidence

✅ If ADA clears $0.96, the path toward $1 opens quickly

✅ A break could trigger $73.5M in short liquidations, fueling extra bullish pressure

⚠️ Risks Remain

- Rejections at $0.96 have been common in recent weeks

- If sellers regain control, ADA could slide back toward $0.87 support

💡 The reality is that indicators point to strengthening sentiment. But only a confirmed breakout above $0.96 will validate the bullish scenario. Until then, ADA remains in its decisive range.

👉 Do you believe ADA will break $1 this time, or is another pullback on the horizon? Share your thoughts.

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The Chaikin Money Flow (CMF) indicator for Cardano: