Cardano Holds Above Bear Market Floor as Sell Pressure Rises

Cardano is trading above the $0.256 bear market support floor, changing hands around $0.264 and confined to a narrowing range between $0.295 resistance and $0.256 support. Momentum has weakened over several days, and repeated attempts to move higher have stalled.

Short-term indicators lean bearish. The Money Flow Index sits below the neutral 50 level, signaling ongoing capital outflows, while derivatives show exposure skewed toward short contracts — roughly $23 million in potential short liquidations versus about $14 million for longs — a setup that increases downside volatility risk.

Long-term holders are providing some relief: Mean Coin Age is rising, suggesting older coins remain inactive and that long-term investors are opting to hold rather than sell. That behavior reduces immediate supply pressure and helps defend support levels, though it does not guarantee a recovery.

cardano, ada price, support floor, resistance level, money flow, capital outflows, derivatives, short liquidations, coin age, long holders