Cardano Expands in Japan, but ADA Price Drops 4%
Key Highlights: Cardano ($ADA) retreated 4% to $0.239 on October 2, wiping out earlier gains after testing resistance at $0.26. Technical indicators reveal mounting selling pressure, with the Relative Strength Index (RSI) sinking toward oversold territory and the Chaikin Money Flow (CMF) turning negative. Derivatives markets reflect aggressive shorting activity as funding rates dipped to ...