Cardano's price surged earlier this month, with ADA rising from around $0.60 near the July low to a high of $0.97, and is currently consolidating around $0.93. Sellers have capped the gains just below the $1 resistance level, and the market is currently hovering within a symmetrical triangle pattern. This narrow range reflects market indecision, as bulls defend the recent breakout levels while bears are pressured near the upper limit.

