Cardano (ADA) is trading at $0.87, up over 4%, as bullish momentum builds toward a possible $1 target. Futures open interest has climbed to $1.43 billion, showing rising retail and speculative demand. A MACD buy signal, increased volume, and short liquidations support a positive outlook. However, ADA must break a multi-month trendline from December’s $1.32 peak to confirm the rally. A breakout could push prices above $1, while failure may see a pullback toward support at $0.74, $0.72, and $0.71.
