Cardano Price Shows Strong Accumulation, Targeting Breakout Toward $2

Cardano (ADA) is consolidating near the $0.80 level with strong buying pressure pushing back against selling activity. This consolidation is forming a solid base for potential price breakout toward the $2 mark. Technical analysis shows ADA facing resistance but exhibiting signs of bullish momentum and skewed long/short ratios on exchanges like Binance and OKX. Analysts suggest this setup could fuel an explosive price surge.