Cardano (ADA) is showing renewed momentum as it gains attention from both retail and institutional traders. The ADA/USDT pair has been trading within a tight consolidation zone, sparking speculation of a potential breakout. With ongoing developments in Cardano’s ecosystem — including increased DeFi activity and Layer 2 solutions like Hydra — many analysts believe ADA could be gearing up for a bullish run. Key resistance lies near the $0.50 mark, while support holds strong around $0.40. Will ADA flip resistance into support and climb higher? Stay alert and watch the charts!
