Cardano (ADA) Price Prediction: ADA Stabilizes at Mid-Range Support as Open Interest Surges

• ADA struggles near $0.56 as sellers cap every rebound and momentum stays weak.
• Open interest doubles since October, showing rising speculative activity in ADA.
• Spot outflows persist, signaling weak accumulation and limited buyer conviction.

Cardano is attempting to stabilize after several weeks of downside pressure, yet market conditions remain uncertain. The asset trades near $0.5647, where recent volatility has forced traders to reassess both trend strength and liquidity. 

ADA’s latest price behavior shows early improvement, but broader indicators still suggest a cautious environment. Moreover, the market structure continues to lean bearish, even as buyers try to defend higher lows. This mix of hesitation and gradual recovery has created a nuanced setup heading into mid-November.

Price Attempts to Rebuild Structure

ADA’s decline from the $0.89 high push…

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