Cardano price surged 2.42% in 24 hours and 17.7% over the past month, holding the $0.20 support zone. The supply zone between $0.26 and $0.28, especially the May swing high at $0.2887, represents a key obstacle for bulls to overcome. ADA has flipped the 20-week Moving Average at $0.198 to support, but the CMF reading of -0.10 indicates capital outflows from ADA markets. Traders can maintain a bullish bias and take profits toward $0.26, but a drop below $0.20 would signal a bearish shift, while breaking above $0.28 would confirm a sustainable recovery.
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