Cardano's ADA is currently trading below $1 and has faced resistance at a crucial level known as the "golden pocket" between $1.13 and $1.23. Analyst Josh of Crypto World suggests that if Cardano holds above the support level of $0.82 to $0.83, it may bounce back, but if it drops below this level, further downside could be expected. If Cardano breaks through the resistance zone, the next major target could be around $1.76, but a confirmed breakout has not yet occurred. The short-term trend is currently bearish, though the long-term outlook remains bullish. Support levels to watch are between $0.88 and $0.89, with further support at $0.83, and resistance levels to monitor are at $0.94, $0.98, and near $1.07.



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