Cardano price currently trades near $0.25 as traders watch a technical setup near the lower end of its long-term range. Recent liquidation data, exchange flows, whale wallet activity, and momentum indicators pointed to a market waiting for a stronger move.
Cardano short sellers recorded the largest share of liquidations over the past 24 hours. Out of roughly $637,500 in total ADA liquidations, short positions accounted for nearly 80%, while long positions made up about $135,200. The data showed that bearish traders were caught during brief upward moves even as ADA stayed near the same price area.
Meanwhile, ADA continued to hover close to $0.25. Price moved unevenly through the session, with an early advance followed by pullbacks and a flatter pattern later in the day.
Bulls pushed the token higher at first. However, bears later erased much of that move and left the price near the lower part of the daily range.
Exchange flow data showed more ADA moving out of exchanges than into them. Such activity often occurs when holders transfer tokens to private wallets rather than preparing them for sale. In parallel, reports indicated that wallets holding 10 million ADA or more reached a four-month high.
Still, the price did not show a strong rebound. ADA remained under pressure despite the rise in large-wallet holdings. Market data reflected a mixed setup. Larger holders appeared to be accumulating, yet the spot price remained soft and close to a long-standing support area.
A chart posted on X showed a structure that has been forming since early 2022. According to the chart, ADA has traded within a broad horizontal channel for about 4 years, with the lower boundary near $0.23 and the upper boundary near $1.18.
ADA’s 2021 peak near $3.10 came before the asset fell sharply and later settled within that band.
More recently, a descending trendline formed from lower highs after a peak near $1.02 in August 2025. Current price action placed ADA near the point where that trendline met the lower boundary of the channel. Traders often track such compression zones because the price can move sharply once the range breaks.
Also read: Cardano News Today: ADA Price Faces $0.30 Resistance as Whales Accumulate 819M Tokens
Technical indicators showed reduced momentum rather than a confirmed breakout. The RSI moved into the middle range and stayed near neutral territory, which suggested that earlier selling pressure had eased. At the same time, the reading did not show firm upside control.
The MACD lines also narrowed and stayed close to the baseline. Recent candles remained small, and volatility fell after months of lower highs and lower lows. Price appeared to be consolidating after a long regression trend.
Cardano also remained in focus after renewed online friction involving founder Charles Hoskinson and an XRP supporter. Hoskinson said, “People do not have to like me to use Cardano.” Market attention briefly shifted to that exchange, yet the main trading focus stayed on price structure, momentum, and whether ADA could hold support near $0.23.