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Cardano shows cautious rebound signs after TD Sequential buy signal near $0.25, but key support at $0.246 must hold.

Technical Signals
21 May 2026
Crypto news
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Bullish
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Cardano's price has shown a cautiously bullish signal following a TD Sequential buy indicator near $0.25 after a 15% correction. For a stronger rebound, ADA must defend the key support level at $0.246; if it holds, targets of $0.255 and $0.262 become possible. However, weak momentum indicators like RSI below 50, falling open interest, and resistance from moving averages suggest the rebound is not yet confirmed. Broader concerns include recent governance issues and low trading volume, meaning investors should watch these levels closely for confirmation of a sustained recovery.

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