Cardano (ADA) is currently consolidating between the key support level of $0.256 and the resistance level of $0.295, with short-term momentum weakening. Derivatives data shows an increase in short positions, reinforcing cautious market expectations, while long-term holders remain steadfast. If the support level of $0.256 is broken, the price could further decline to $0.239.
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Cardano (ADA) is currently consolidating between the key support level of $0.256 and the resistance level of $0.295, with short-term momentum weakening. Derivatives data shows an increase in short positions, reinforcing cautious market expectations, while long-term holders remain steadfast. If the support level of $0.256 is broken, the price could further decline to $0.239.