Is Cardano's $1 target a stretch? Why a breakdown could be near

• ADA whale wallets now control 35.62% of the supply, but remain underwater.
• Will whales hold their ground or start trimming to break even?

Cardano [ADA] isn’t getting much love from the whales right now.

Instead of buying the fear, they’re dumping into it, reiterating the same old playbook: dump first, pump later. The $0.60 level is barely holding, and without strong support kicking in, it’s looking more like a crack than a bounce.

So, with whales bailing and fundamentals not stepping up just yet, is the $1 target starting to feel more like a stretch than a setup?