Trading platform @ali_charts highlights Cardano’s ADA token poised for a bullish breakout with a sustained close above $0.77, exceeding its recent record-high. The chart analysis shows a descending triangle pattern, indicating potential upside momentum. Notably, historical data from altFINS suggests a 67% success rate for breakouts with such set ups. This comes on the heels of Cardano facing controversies following a $600 million ADA misappropriation scandal involving founder Charles Hoskinson and his company, Intersect, but market response has largely overlooked these events. Recent analysis by @super_rad_chadd on X emphasizes that trading volume above $0.77 is crucial for sustained breakout.