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➡️#Cardano's ecosystem remains a significant player in Layer 1 solutions. However, its current price action reflects broader market caution. Resistance at $1.10 and above has been challenging, as trading volumes suggest selling pressure at those levels.
Bullish Case: A sustained breakout above $1.10 could lead to gains targeting $1.125 or higher.
Bearish Case: Breaking below $1.06 may trigger a decline toward $1.050 or even $1.030.

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