Cardano (ADA) slipped 3% this week, trading near the $0.26 support level as the broader crypto market cools. Bitcoin, after rallying to nearly $83,000, gave back those gains and now hovers around $79,800 under macroeconomic pressure. But for ADA holders, one chart-based signal has turned green: the SuperTrend indicator flipped bullish on the daily time frame, hinting at a potential breakout.
Key levels to watch
Cardano's immediate floor sits at $0.25. A break below that could send the token sliding toward $0.23, a level not tested since early 2026. On the upside, resistance stands at $0.33, with year-to-date highs above $0.40. If ADA clears that zone, the next targets are $0.75 to $1.00 — levels last seen before the long-term decline began from above $1 in September 2025. That drop erased about 70% of the token's value.
Whales keep stacking
Despite the price slump, large holders aren't bailing. Wallets containing at least 1 million ADA have accumulated roughly 67% of the circulating supply — about 25.09 billion tokens. That's a significant concentration, and it suggests the biggest players see value at these depressed prices. But whale accumulation alone doesn't guarantee a rally; it can also mean they're positioned to sell into any bounce.
Momentum signals look split
The daily Relative Strength Index (RSI) is sloping downward near the 50 mark, pointing to limited buying pressure. The MACD indicator, meanwhile, is threatening a bearish crossover. Those two signals contradict the bullish SuperTrend flip, which is why some analysts are skeptical. They warn the buy signal may be invalidated if buying momentum doesn't pick up soon.
The next few days will test whether the SuperTrend call holds or fizzles. If Bitcoin falters further, Cardano's $0.25 support could become the next battleground. If not, the 67% whale stack might finally get some company from retail buyers.
