📊 Cardano ($ADA ) maintains an upward trend amid legal fluctuations

Despite the SEC halting the approval of Grayscale's GDLC ETF, ADA has still increased by over +8% and stabilized around $0.6 on Thursday morning. This indicates that market sentiment remains positive, especially as derivative data records:

The Long/Short ratio reached 1.10 – the highest level in over a month.

Open Interest rose +7% to over $861 million, reflecting new capital flowing into ADA.

🧠 Technical analysis:

RSI and MACD both lean towards an upward trend.

If the resistance zone is broken, the price could aim for the $0.73 mark.

Conversely, the nearest support is at $0.49 if a correction occurs.

⚠️ This is an important observation phase for ADA. Investors need to closely monitor price behavior around $0.6 before making the next decision.

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