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Cardano reclaims $0.250 as derivatives sentiment improves

CoinJournal·October 12, 2026·1 min read
Cardano reclaims $0.250 as derivatives sentiment improves

Cardano (ADA) reclaimed $0.250 as derivatives sentiment improved. The long-to-short ratio edged above one to 1.01, indicating bullish positioning, and funding turned positive at 0.0061%, with longs paying shorts. ADA holds above major daily EMAs, with immediate support at $0.245 and resistance at $0.299.

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