Overall, when ADA enters a downtrend channel, Cardano has just fallen below its rising trend line. Here's the situation: If ADA can hold above the 0.517 support zone, we might see that yellow path form—imagine the formation of a diagonal structure. But be careful. Falling below 0.517? That’s your early signal that we might enter an alternative wave-$ADA ii( correction phase. At this point, the price movement at this level is more important than usual.
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Overall, when ADA enters a downtrend channel, Cardano has just fallen below its rising trend line. Here's the situation: If ADA can hold above the 0.517 support zone, we might see that yellow path form—imagine the formation of a diagonal structure. But be careful. Falling below 0.517? That’s your early signal that we might enter an alternative wave-$ADA ii( correction phase. At this point, the price movement at this level is more important than usual.