Cardano ($ADA ) Holds $0.81 — Is a $1 Breakout Next? 🚀📊🔄

📉 ADA trades at $0.8118 after a 12% pullback from $0.92. Despite the drop, long-term bullish setups—like the falling wedge—remain intact.

📈 The dip cooled off short-term rally exhaustion, possibly setting up for a stronger breakout. Analysts expect $1 to be tested soon.

🛡️ ADA is holding the 20-day EMA as support. While volume dropped 26% to $1.79B, this often precedes sharp moves once a direction confirms.

🔺 Beyond the wedge, a symmetrical triangle pattern has formed. June’s breakdown was invalidated, and price is now nearing a key convergence zone.

🎯 If ADA breaks this dual pattern, $1 is the first major resistance. With structural resilience seen in July, August could bring the momentum bulls need.