Cardano (ADA) Holds Below $0.26 After 11% Weekly Gain as Derivatives Signals Diverge
- —ADA at $0.2537, up 11.5% on the week, resistance at $0.26 unbroken
- —Long-to-short ratio at 0.63, a one-month low, while funding rate reads 0.0050%
- —ADA options volume fell 92.94% to $6,590; futures open interest at $605.28 million
- —Weekly DEX volume jumped 2,965%, but 24-hour turnover was just $1.68 million
Why it matters: Conflicting derivatives signals and post-rally overheating raise the risk of an ADA pullback to $0.20 support if $0.25 gives way.
Source: CoinCentral