After a brief pullback, Cardano’s price has surged back above $0.84, marking its third consecutive higher low and cementing its ongoing bullish trend. This rebound follows strong buying activity from large investors known as whales, who added 100 million ADA during the recent dip. This significant purchase reinforces confidence in Cardano’s continued upward trajectory. Further fueling optimism are high levels of retail trader participation, with over 79% of open positions currently long on Hyperliquid, signifying their bullish sentiment. Analysts suggest that this renewed strength could push Cardano toward $1 resistance area if the positive momentum continues. The rebound also aligns with a key breakout zone formed during an earlier double-bottom pattern at the $0.84 level, reinforcing its support and highlighting a strong upward trend structure.