Cardano Breakout Sparks Optimism As ADA Targets $1.40 After Breaking Out of Descending Wedge

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In the last 24 hours, ADA has jumped over 6%, currently trading near $0.7195. This recent momentum is part of a broader trend of higher highs and higher lows over the past week — a strong indicator of bullish movement.

Analyst Justin Wu points out that this breakout could be the start of something bigger for ADA, potentially opening the door for a more aggressive rally.