Cardano (ADA) is currently trading near the crucial $0.52 support level. This key area has historically served as a launchpad for price rallies, acting as a strong buying pressure point since late 2024. The latest bounce after testing this zone suggests potential for upward movement. The RSI, sitting near oversold territory, is showing signs of potential recovery. The MACD also points towards easing bearish momentum, though a definitive trend change remains to be seen. Analysts anticipate that if the current support holds, ADA could break through resistance levels around $0.60 and $0.74. Traders are bullish on ADA’s rebound, setting up a long trade with a stop-loss just below $0.485, targeting price increases in the range of $0.58-$0.67 and $0.74-$0.85 respectively. A close above $0.60 would further strengthen this bullish outlook. However, breaking below $0.485 could invalidate the current setup, signaling more downside risk. 2025 has shown significant potential for ADA’s price movement based on past patterns.