DeGRAM | ADAUSD seeks to the $1.1 level

📊 Technical Analysis
● ADA/USD is consolidating near 0.92 after reclaiming the support line, with price compressing under a key resistance zone.
● A breakout above 0.95 could accelerate momentum toward 1.10, confirming bullish continuation within the rising channel.

💡 Fundamental Analysis
● Cardano’s network growth, highlighted by increased dApp activity and higher staking participation, underpins demand and supports the breakout thesis.

✨ Summary
Bullish above 0.85; targets 0.95 → 1.10. Invalidation on a close below 0.85.

-------------------

Share your opinion in the comments and support the idea with a like. Thanks for your support!