Cardano seems to be in a descending wedge. A breakout on Saturday would either bring us to the top of our upper trendline, which we haven't broken in the last two months at around $1.30, or it could bring us down to the previous support of $1.00.
According to the pattern site dot com, descending wedges tend to break to the upside 68% of the time, so let's hope that this will happen.
If it breaks downward the 200 day MA on the daily chart could help find some support. That's at about $1.13 at this moment in time. Would make for a strong pivot back upwards to the upper trend line as you mentioned. If not $1 will be on my watch as well.