I saw some exciting indicators for the ADA coin recently. Cardano was moving within a narrow range, but it seems that things are starting to change. The current price is around $0.25, and notably, the funding rate has flipped to positive after a long period of negative dominance. This usually means that pressure on short positions may begin.



The technical indicators give mixed but somewhat encouraging signals. The SAR indicator has flipped upward, indicating a slowdown in the downward momentum. The volatility level (ATR) has decreased significantly, meaning the price has stabilized after sharp fluctuations. The Cardano coin is trying to form a base in the $0.25-$0.29 range.

Data shows a market cap of around $9.32 billion with a daily trading volume of $8.62 million. Liquidity exists but remains limited. Over the past 7 days, the coin has decreased by 4.39%, but if Cardano can hold above the current SAR level, we might see a stronger upward move. The key observation now is: will it maintain this level or drop again?
ADA2,02%
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