Cardano Price Prediction: Sellers Defend $0.41 As Open Interest Rises Into Downtrend
24d ago•
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- ADA remains capped below $0.41, with Supertrend and descending resistance keeping the daily structure bearish.
- Exchange inflows continue to signal distribution, limiting follow-through on short-term rebounds.
- Rising open interest and long-heavy positioning increase downside risk if $0.37 support breaks.
Cardano price today trades near $0.385, attempting to stabilize after another rejection below descending resistance. The move follows a sharp selloff earlier in the week that dragged ADA to fresh December lows before dip buyers stepped in near the $0.37 area. Despite the bounce, structure remains under pressure as sellers continue to control the higher-timeframe trend.
Daily Trend Remains Bearish Below Supertrend And SAR

On the daily chart, ADA remains firmly below its falling trendline that has capped price since Augus…
Read The Full Article Cardano Price Prediction: Sellers Defend $0.41 As Open Interest Rises Into Downtrend On Coin Edition.
24d ago•
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bearish:
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