Cardano Could Rally Toward $1.30 as Open Interest Rises and Supply Tightens Ahead of ETF Decision

• ADA bounced from $0.75 support and is eyeing $1.29–$1.30 resistance.

• Open Interest increased ~8%, signaling higher leveraged positioning and event-driven volatility.

• Stock-to-Flow and accumulation metrics show tightening supply among long-term holders.

Primary keyword: Cardano ETF decision — Track ADA price action now; stay informed on ETF news and market signals.

Key Takeaways

Will Cardano sustain its rebound?

The rebound from $0.75 reflects renewed bullish momentum, supported by strong accumulation and improved technical structure.

Could ADA rally toward $1.30 before the ETF decision?

Tightening supply and rising Open Interest indicate ADA could extend its recovery into the ETF decision window.

Cardano (ADA) rebounded from the $0.75 support zone at a pivotal moment as the market awaited the SEC’s ruling on an ADA ETF, which many traders flagged for late October.

Market participants priced in the possibility that an approval would attract renewed institutional flows and greater credibility for Cardano as a major altcoin.

Retail engagement has increased volatility, with traders positioning for a breakout while managing event risk.

Overall, both bullish and bearish scenarios remain plausible as the ETF announcement approaches.

Will ADA’s rebound fuel a stronger uptrend?

Cardano briefly dipped below its ascending channel and found support at $0.75–$0.76 before buyers stepped in.

The immediate recovery targeted short-term resistance at $0.92 and the psychological $1.00 mark.

Maintaining levels above $0.90 is critical to open a path toward $1.29–$1.30; failure to hold could lead to another test of $0.75.

Source: TradingView

Rising Open Interest shows speculative confidence

Open Interest climbed roughly 8.04% to $1.72 billion, indicating more leveraged positions and heightened speculative interest.

Such increases typically signal that traders expect larger moves, but they also raise liquidation risk if sentiment flips.

With the ETF ruling the main catalyst in the near term, derivatives markets could see amplified flows and short-term whipsaws.

Source: CoinGlass

Is tightening supply signaling the next ADA breakout?

Stock-to-Flow metrics and on-chain accumulation showed supply tightening, as long-term holders reduced sell-side pressure.

This pattern mirrors historical setups where accumulation precedes sustained multi-week rallies when paired with rising demand.

Still, over-optimism around the ETF outcome can produce short-lived spikes and sharp corrections if the result disappoints.

Source: Santiment

Can ADA sustain momentum into the ETF decision?

Cardano’s recovery from $0.75, combined with higher Open Interest and supply compression, points to genuine demand rather than short-term speculative churn.

Long-term holder accumulation reinforces bullish conviction, but the ETF outcome and broad market trends will determine whether ADA can reach $1.30.

Traders should monitor the $0.90 pivot, derivatives flows, and on-chain supply to gauge whether the rally has durable support.

Frequently Asked Questions

What are the immediate support and resistance levels for ADA?

Support sits at $0.75–$0.76; immediate resistance lies at $0.92 and $1.00, with a higher target near $1.29–$1.30 if momentum continues.

How should traders manage risk ahead of the ETF decision?

Use position sizing, set stop-losses around key support ($0.75), and monitor Open Interest and funding rates to avoid amplified liquidation risk during volatile moves.

Key Takeaways

• Support and structure: ADA’s bounce from $0.75 restored short-term bullish structure and set $0.90 as a critical pivot.
• Derivatives and supply: Rising Open Interest and a higher Stock-to-Flow ratio reflect increased speculative interest and long-term accumulation.
• Actionable insight: Watch $0.90–$1.00; holding those levels increases the chances of a move to $1.29–$1.30 before the ETF decision.

Conclusion

Cardano’s rebound, supported by rising Open Interest and supply tightening, suggests that ADA is positioned for a possible advance into the ETF decision window. Monitor the $0.90 pivot, derivatives metrics and on-chain accumulation to assess the strength of this setup. COINOTAG will continue to track developments and update readers as the SEC ruling approaches.