Cardano's ADA nears $0.28 with higher lows and retail demand as key $0.302 resistance looms

Cardano's ADA has climbed from a cycle low near $0.2194 to trade around $0.28, forming higher lows while testing resistance between $0.287 and $0.302. Large holders recently trimmed about 130 million ADA from wallets over 1 million coins, even as retail traders accumulated and technical indicators pointed to strong but potentially overextended bullish momentum. A clear move above the $0.2849–$0.302 area could open the way toward $0.2970, while failure may see price slide back toward $0.254–$0.270 support.