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Cardano’s market picture has started to change as both retail traders and larger accounts turn more constructive on ADA. Sentiment indicators, derivatives data, and a long-term chart pattern now point toward a potential upside phase while the token trades near key support.
ADA currently sits inside a multi-month falling channel after recent pullbacks. However, the latest readings suggest that buyers increasingly treat this zone as an accumulation area rather than a point of exhaustion.
Analysts note that smart-money conviction usually responds to liquidity rather than headlines. This shift emerges as ADA trades near the lower boundary of its channel, around the $0.37–$0.41 region, which gives the move added weight for Cardano price rebound.
Order-flow data supports the same sentiment. Taker Buy Cumulative Volume Delta on spot markets has risen steadily over the past 90 days. Buyers continue to absorb sell pressure even as price action trends lower inside the channel.
On the derivatives side, Binance’s top-trader Long/Short Ratio also points in the same direction. Nearly 70% of those high-volume accounts now hold long Cardano positions. The ratio started to rise before the recent bounce attempt, and it lines up with stronger CVD and improving sentiment, so all three signals point to a bullish bias rather than disagreement.
From a price-structure angle, the Cardano chart still shows a falling channel, but ADA now tries to rebound from the lower boundary. Traders note a clear reaction around the $0.37 support area and a tight consolidation near $0.414. Bollinger Bands have squeezed around that zone, which often precedes a larger move.
Analysts watch $0.47 as the first meaningful resistance. A firm break above that level could open room toward $0.53, while a failure to hold support below could bring $0.30 back into focus. The MACD has started to turn up, hinting at early momentum improvement, even if a full trend reversal is not yet confirmed.
Liquidation data from major exchanges adds another element. Recent moves wiped out more shorts than longs, which can add fuel to upside attempts. The liquidation cluster remains smaller than past extremes, yet the imbalance still favors bulls while Cardano tests structural support.
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A separate higher-timeframe analysis from Altcoin Piooners on X focuses on a six-year Cardano trendline. The rising support line connects major lows from 2019, the 2020 crash, 2023, and a 2025 retest.
Each touch on this trendline preceded large ADA rallies in past cycles. The analyst notes that the structure remains valid as long as Cardano holds above roughly $0.35 on higher-timeframe closes.
The analysis outlines upside targets near $0.85–$1.05 for an initial move, followed by $1.80–$2.20 and potentially $3.50–$4.00 in a stronger cycle. Those levels sit near prior structural resistance and key Fibonacci zones.
One level anchors the downside case: $0.35. A higher-timeframe close below that area would break the six-year trendline and invalidate the ascending triangle. Until then, the long-term Cardano chart still signals a bullish bias, while short-term traders watch the current channel for confirmation of a rebound.
