$ADA is struggling while Cardano’s NIGHT token steals the spotlight. Cardano fell 1.54% to around $0.247, while Midnight’s $NIGHT surged more than 20%. The divergence comes as softer U.S. inflation data reduced expectations for another Fed rate hike. August PCE came in at 3.4% year over year, below the 3.7% expected, while core PCE landed at 3.0% versus 3.3% estimates. October rate-hike odds also dropped to around 35% from roughly 45%. But ADA still lacks strong momentum. Futures open interest has fallen about 9% over the past week, from $1.99B to $1.81B, pointing to reduced derivatives exposure. Technically, $0.250 is the level to watch. A confirmed 4H close above $0.250 could put $0.270 in focus, with $0.300 as the next major resistance. On the downside, $0.230 is the first support, while losing $0.200 could weaken the broader recovery structure. #Altcoin Season# #ADA
