Cardano Holds $0.90–$0.97 Range With Futures at Multi‑Month Highs as Unilabs Presale Draws Interest
Analysts say a symmetrical triangle near $1 sets up a potential $1.08–$1.10 move on a clean breakout.
Overview
- ADA briefly slid about 3.5% to retest the $0.90–$0.91 support zone before stabilizing within its recent consolidation band.
- Derivatives activity has surged, with futures volume reported around $6.96 billion and open interest near $1.13 billion, the highest since January.
- Regional flows have shifted, as TapTools data shows the ADA/KRW pair in South Korea outpacing Coinbase’s ADA/USD volume by nearly 2x.
- Some coverage cites a reported $50 million sell wall and notes key levels at $0.90 support and $1.00 resistance that have capped multiple rallies.
- Blockonomi reports Unilabs Finance’s presale has raised more than $13.6 million with a stage‑seven price of $0.0108 and a mining fund adding roughly 2,000 wallets, alongside promotional claims that remain project‑sourced.