53% of traders are shorting Cardano: Can ADA rally back to $0.40 again?

Chanakya

ADA’s on-chain metrics with technical analysis indicated mixed sentiment among traders.
53.2% of top traders held short positions, while 46.8% held long positions.

The sentiment across the

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53% of traders are shorting Cardano: Can ADA rally back to $0.40 again?