I just checked the Cardano chart and something interesting is happening. ADA is trading around $0.25 now, with the Parabolic SAR finally showing a change in direction. Over the past two weeks, there has been a lot of selling pressure, especially in mid-February when shorts were very aggressive, but the funding rates are already turning positive. That typically means buyers are regaining some control.

What catches my attention is that Cardano is consolidating within a fairly narrow band after that broader 30-day drop. The ATR has decreased significantly, indicating that volatility has calmed compared to the sharp movements earlier. When you see the SAR turn bullish and volatility contract at the same time, it usually precedes a more decisive move. The market cap is around $9.3 billion, and trading volume remains active, so there’s liquidity for something to happen.

The key now is whether Cardano can stay above the levels marked by the SAR. If it does and funding remains positive with prices rising, that would confirm the bullish momentum is strengthening. If it drops again, well, it would invalidate this early signal. For now, I’m just watching to see if this reversal is real or just a technical bounce.