Cardano Price Prediction: ADA Market Shows Neutral Bias as Flows and Leverage Cool

• Cardano trades sideways as momentum fades and conviction stays weak
• Key resistance near $0.251 caps upside while support at $0.244 holds firm
• Falling open interest signals market reset, but demand remains limited

Cardano is showing signs of life, but conviction remains absent as price compresses within a tight range. On the 4-hour chart, ADA trades sideways after a recent decline, reflecting hesitation among both buyers and sellers. 

This phase signals a market searching for direction rather than committing to one. Moreover, the lack of strong momentum suggests traders are waiting for confirmation before deploying capital.

Range Structure Keeps Traders Cautious

Price action reveals a transition from lower highs into a more balanced range structure. This shift indicates that selling pressure has eased, but demand has not strengthened enough. 

Additionally, …

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