Cardano (ADA) price experienced a notable decline this week, dropping approximately 7.30% to trade around $0.5616. Trading volume also dipped by about 4%, further adding weight to the bearish sentiment. Analysts are closely watching whether this decline will lead to another significant drop. Top analyst CryptoJobs has pointed out that ADA is still below its main bearish trendline on the 4-hour chart, and a recent bearish retest confirms the downtrend remains in control. The weekly chart also provides little clarity as it shows a doji candle, which typically signals hesitation in the market. The $0.5250 support level is now under scrutiny, with CryptoJobs warning that if this level breaks on a weekly close, we could see a deeper drop to around $0.3700 – a potential 30% decline from current levels. The article highlights two key resistance zones: $0.6080 and $0.5350. These could act as hurdles for price if ADA tries to rebound or may serve as pivots for more sideways price action.