Usman Salis
⬤ Cardano is hitting a crucial moment as ADA pushes against the $0.44 resistance after a long downtrend. This price point has been a stubborn ceiling, and breaking above it soon could spark a short-term rally. Right now, ADA is trading around $0.426 and building support along the bottom of a corrective wave pattern. If it manages to clear this resistance, the door opens for more upside.
⬤ A successful move above $0.44 could drive ADA toward $0.72 over the next two to three weeks. The recent bounce from support levels suggests the price might be stabilizing and ready to shift direction. But the bigger picture still shows a downtrend, meaning even a push to $0.72 would likely be another lower high rather than a true trend reversal.
⬤ For a real bottom to form, ADA needs to break above $1.00 and eventually $1.18. The chart shows multiple resistance levels above $0.70 and a long-term declining trendline that's previously stopped rallies. The MACD indicator is showing early signs of improvement, but the coin remains stuck in a broad corrective phase that could last into early 2026.
⬤ This moment matters because ADA is at a crossroads where short-term potential meets long-term bearish pressure. Breaking $0.44 would signal real strength and could shift market sentiment, while another rejection would confirm the pattern of lower highs and suggest more downside ahead. How Cardano handles this resistance will shape its next move.
Usman Salis
