Cardano price forecast: Can ADA extend its recovery toward $0.245?

Key takeawaysCardano trades near $0.222 on Monday after rallying more than 15% last week.
ADA’s long-to-short ratio of 0.94 shows slightly more bearish than bullish positioning.
Positive funding rates and large whale orders provide mildly bullish signals.
The RSI and MACD indicate strengthening upside momentum.Cardano holds gains following 15% weekly rally
Cardano (ADA) trades around $0.222 on Monday after gaining more than 15% last week.
Mixed derivatives data and mildly positive on-chain