Cardano price analysis: ADA hovers near $0.26 as traders watch $0.31–$0.35 resistance and CME futures impact

Cardano's ADA token is trading around $0.2635 after slipping about 11% over the past week, with key resistance now seen between $0.28 and $0.31. Technical indicators show bearish momentum but hint at oversold conditions, while the upcoming Ouroboros Leios upgrade and newly launched CME ADA futures could influence the next major move. A decisive break above $0.31 may open a path toward $0.35, whereas losing support near $0.25–$0.26 risks further downside.