CoinMarketCap reports a positive start to the week, with Cardano (ADA) experiencing price growth. The current ADA/USD rate has increased by 1.35% over the past day. However, recent hourly charts show a decline after a false breakout above resistance at $0.7754. A close near the support level or below could trigger further declines towards the $0.75 range. ⏳ On larger timeframes, a bearish candle is expected to close soon. If bulls fail to regain control, we may see a test of the $0.74 area by tomorrow. 📉 From a midterm perspective, it’s too early to predict future price movement, as trading volume remains relatively low. This suggests that sideways movement around current prices is likely in the coming days and weeks. Currently, ADA is trading at $0.7582.