Cardano (ADA) shows potential signs of a bullish reversal. After testing the lower support level, the price stabilizes around $0.2581. Analysts point out that ADA may form higher lows, with key support at $0.27 and resistance at $0.29. This technical pattern is supported by significant accumulation from whales, with recent buying amounts reaching as high as $161 million. Institutional investor interest is also growing, for example, Grayscale's smart contract fund has increased its ADA holdings to 19.55%. ADA's short-term trend depends on whether it can hold the $0.25 to $0.29 range.