Cardano’s ADA has fallen 10% since a sell signal appeared on its daily chart on Sept. 26, while futures-market demand weakened. Open interest declined 9% over the past week, from $1.99 billion to $1.81 billion, indicating reduced leveraged exposure among traders. Large holders have sold about 90 million ADA worth roughly $22.5 million since Sept. 20, adding to selling pressure. Analyst Ai said the correction may not be over: ADA’s parallel daily-chart channel identifies $0.24 as key middle support, with a break potentially exposing the channel’s lower boundary near $0.21. If $0.21 holds, it could become the next buying opportunity, with the channel’s upper boundary near $0.28 as an upside target.