Cardano (ADA) remains within a broader bullish market structure, characterised by a sequence of consecutive higher lows. However, recent price action has rejected the higher-time-frame resistance around $0.25, prompting a corrective move that is now testing an area where another potential higher low could develop.
The key level to monitor is the current weekly support. If this area continues to hold and buyers regain control, ADA could potentially preserve its existing bullish structure and make another attempt to challenge the current resistance. A sustained move above that resistance could strengthen the structure, although it would not guarantee a continuation of the trend.
Conversely, a decisive breakdown below the current weekly support would weaken the bullish setup and increase the possibility of a broader corrective phase. In that scenario, the market structure could be considered broken if the previous higher-low sequence is invalidated. Attention could then shift towards the lower support area around $0.13.
Overall, ADA is approaching an important technical decision point. The reaction around weekly support may provide more information about whether the broader bullish structure remains intact or whether sellers are gaining sufficient momentum to trigger a deeper correction.
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