<ul><li>Cardano (ADA) is showing signs of a potential breakout rally as the cryptocurrency market gains momentum.</li><li>ADA is forming a rounding-bottom pattern and aiming to overcome the key resistance at its 200-day EMA.</li><li>Open interest in ADA futures has surged, indicating an increase in bullish positions.</li><li>A successful breakout above the 61.80% Fibonacci retracement level could lead to a substantial rally towards the $1 mark.</li></ul>

Cardano Eyes $1 Target as Bullish Indicators Mount

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