Can Cardano sustain momentum within its rising cha

Can Cardano sustain momentum within its rising channel?

Cardano has been consolidating inside a steady ascending channel, establishing $0.78 as a major support while $0.93 emerged as the next test. In fact, the Fibonacci retracement zones revealed $0.95 and $1.02 as critical upside targets. On the contrary, the MACD indicator hinted at fading bullish momentum and the risk of short-term pullbacks.

And yet, ADA’s ability to maintain higher lows within the channel could be a sign of resilience too. 

Traders are closely watching if Cardano can hold this structure. Especially since losing the channel could trigger a deeper retracement towards the $0.70 support level.