Cardano Price Update (Dec 9)
Bulls are defending the $1.11 support level, signaling strength around the 50% Fibonacci retracement.
To resume the uptrend, ADA needs to break the $1.26–$1.34 resistance zone, with $1.65 as the next key target.
On the downside, a drop below the 20-day EMA ($1.06) could lead to a dip toward $0.88, delaying a potential rally.