Cardano Price Eyes $1 If ADA Can Break Above $0.27 as Whales Shift 130 Million Tokens

According to market analyst GainMuse, Cardano is trading around $0.2605 and compressing below a long-standing descending resistance near $0.27, forming a tightening pattern that often precedes a breakout. On-chain data shows that roughly 130 million ADA has been sold or redistributed by large holders over the past week, testing bullish momentum at this key level. A clear move above $0.27 could open a path toward the $1 region, while another rejection may extend consolidation or send the price back to nearby support.