Cardano (ADA) is trading near $0.87, rebounding from a support level of $0.80. The cryptocurrency has seen a significant increase in futures open interest, now totaling $1.5 billion, suggesting heightened market activity. Additionally, exchange outflows amounting to $2.37 million indicate potential accumulation by investors. Traders are closely monitoring the $0.88–$0.90 resistance zone, with a successful breakout possibly driving the price towards $0.95 and higher. This movement reflects growing interest and confidence in Cardano's market prospects.