Cardano (ADA) is showing signs of a potential breakout as it consolidates beneath a long-term descending trendline, with higher lows and reduced volatility indicating increased buyer momentum. Analysts, including Captain Faibik, highlight ADA's tight compression under a diagonal barrier, suggesting a possible upward move. On-chain data from TapTools reveals that decentralized exchange (DEX) volume is expanding, mirroring patterns from previous cycles. This trend coincides with the anticipated launch of the NIGHT token. A successful breakout above the trendline could propel ADA towards the mid-$0.60 range, driven by spot demand and short covering.