The Cardano price has rebounded after a healthy retracement, showing potential for a higher breakout.Whale activity on the Cardano network has surged, indicating growing institutional or large investor interest.The Cardano price recovery is supported by sustainability above the 50% Fibonacci retracement level, suggesting a bullish trend.A downsloping trendline at $1.1 and $1.32 serves as key resistance for ADA buyers.