**Cardano ($ADA ) Signals Bullish Momentum 🟢🚀 — Is a Bigger Rally on the Horizon?**

Cardano has climbed from \$0.720 and is now holding above \$0.80 and the 100-hour Simple Moving Average (SMA), hinting at further upside potential. ADA is currently consolidating gains, with eyes set on a breakout above the key \$0.8650 resistance level.

The hourly ADA/USD chart shows a bullish trend line forming strong support around \$0.8280. If buyers push past \$0.8650, the price could continue to rise, with the next resistance at \$0.880, followed by \$0.90. A confirmed close above the \$0.90 level might ignite a stronger rally, potentially taking ADA toward \$0.980 or even \$1.00.

**Price Action Highlights:**

* ADA bounced from \$0.720 and overcame resistance at \$0.750, \$0.80, and \$0.820.

* The latest high was around \$0.8643, and price action is now holding above the 23.6% Fibonacci retracement of the \$0.7113 to \$0.8643 move.

* Immediate resistance remains \$0.8650, with further targets at \$0.880 and \$0.90.

**What If ADA Pulls Back?**

If ADA fails to break through \$0.8650, a minor correction could occur. Support lies at the bullish trend line near \$0.8280, with a stronger floor around \$0.80. A break below \$0.80 could lead to a test of \$0.7880 (50% Fib level), and possibly \$0.750, where buyers may re-enter.

**Technical Indicators:**

* **MACD (Hourly):** Gaining strength in bullish territory.

* **RSI (Hourly):** Above 50, indicating positive momentum.

**Key Support Levels:** \$0.8280, \$0.8000

**Key Resistance Levels:** \$0.8650, \$0.9000

In summary, ADA is showing strength and gearing up for a potential breakout. With strong support and growing momentum, the rally could just be beginning.

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