Cardano's ADA is showing early signs of stabilization, with significant accumulation by large holders. According to NS3.AI, whales have acquired over 220 million ADA, suggesting confidence in the asset's future appreciation. Long-term holders are also maintaining their positions, as indicated by the Mean Coin Age reaching a three-month high. If ADA can sustain its key support level at $0.271, it may rebound towards resistance levels of $0.303 and $0.354. However, failure to hold this support could result in a decline to $0.245.
