Cardano (ADA) surged 264% in the past month but faces resistance at $1.20, indicating potential saturation. The MVRV ratio signals overvaluation, increasing the risk of profit-taking and a pullback. ADA's strong correlation with Bitcoin suggests it could benefit from BTC's bullish trend. If ADA breaks $1.20, it could rally to $1.50; otherwise, it may revisit $1.01 support. #Cardano #ADA #Crypto #PriceAnalysis #Bitcoin