Cardano (ADA) is trading near $0.180 on Monday, up by more than 5% in the last 24 hours. The recent recovery has helped ease immediate selling pressure, but market signals suggest traders remain uncertain about the token’s near-term direction. While technical indicators hint at fading bearish momentum, derivatives data continue to show a divided outlook, with no clear consensus among traders. Derivatives market shows conflicting sentiment ADA is up 5.5% in the last 24 hours and is now trading around $0.1809 per coin. The rally comes after the United States and Iran agreed on a deal on Sunday, with the Strait of Hormuz expected to reopen soon. However, data from CoinGlass highlights mixed positioning in ADA derivatives markets.
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