Cardano Sees Second Rebound Opportunities Amid Bear Market
Crypto analyst Lana Valentis believes Cardano (ADA) is setting up for a second major rebound, following its breakout from a prolonged bearish structure.
According to Valentis, ADA has completed its first bounce from a multi-month descending channel that had pressured the token since mid-2025.
Following the breakout, ADA entered a consolidation phase above the $0.19 support zone on the daily chart. Valentis argues that holding this level is crucial because it could provide the foundation for another upward move.
A sustained hold above $0.19 would strengthen the bullish setup, while a break below the support could weaken expectations for a broader reversal.
Valentis expects ADA to stage a second bounce from the current support area before testing the $0.24 resistance level.