🔷 Cardano (ADA) Market Update | Today

ADA is trading near ~$0.28, holding around key resistance as traders gauge momentum. Near-term sentiment remains mixed with negative funding rates and declining open interest, though whale accumulation near lower levels points to interest from long-term holders. On the fundamentals front, LayerZero omnichain integration and the upcoming Midnight privacy chain launch (late March) add depth to the narrative beyond price action. Watch support near ~$0.26–$0.27 and resistance near ~$0.29–$0.30 for signs of directional bias.

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