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Cardano (ADA) futures show mixed signals with negative funding but majority long positions amid price drop.

Technical Signals
10 Nov 2026, 09:50 WIB
Tokenpost
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Bearish
Cardano (ADA) futures show mixed signals with negative funding but majority long positions amid price drop.

Cardano (ADA) perpetual futures displayed mixed signals as of Nov. 9, with negative funding rates on most exchanges but about 65% of Binance ADA perpetual accounts holding long positions. Negative funding means short sellers pay long holders, reflecting futures trading below spot prices, but this does not guarantee a market bottom or short squeeze. ADA's price fell from $0.1938 to $0.1747 over a week, with open interest also declining, indicating reduced trading activity amid the price drop. These dynamics suggest cautious sentiment among traders despite a majority betting on price increases.

While Cardano's price dropped from $0.1938 to $0.1747 over the past week, on Pluang as of Nov 10, 2026 15:01 WIB, ADA trades at Rp3.242 with a 1-day gain of 4.08%. The platform shows a strong buying interest with 78% of orders as buys and a typical hold time of 128 days, contrasting with the cautious futures sentiment noted in the news. ADA's market cap on Pluang stands at Rp119.29 trillion, highlighting its significant presence despite recent price fluctuations.

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