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A market technician has shared an important level the Cardano price must maintain before a recovery to greater heights.
Notably, Cardano price has slipped into a bearish phase as the broader crypto market struggles, recently dropping below the $0.80 mark. ADA now trades near $0.76 and sits in a zone that could decide whether it climbs toward $1.33 or sinks to lower supports.
Market analyst Arman Shaban recently discussed the token’s current price position in a TradingView analysis. The market watcher highlighted the $0.68 to $0.78 range as the major area to watch.
However, the rally met resistance at this price, which represented a Break of Market Structure (BMS). The resulting retracement led the Cardano price to retest a bullish order block by August, which buyers defended, confirming the zone as valid support.
A rebound ensued, carrying the price higher into late August and early September, when ADA hit resistance around $1.00. However, sellers regained control and have now dragged Cardano back into the $0.68–$0.78 demand area, where it currently trades. This also represents the previous bullish order block.
ADA Targets $1.33 in the Mid-Term
Shaban stressed that this zone could make or break Cardano’s outlook. If the level holds, ADA could stage a rebound with near-term targets at $0.85, $0.95, and $1.00. A sustained push through those levels could open the way to mid-term goals at $1.05, $1.17, and $1.33.
However, if the Cardano price slips under $0.68, the bullish structure collapses, and deeper demand clusters further down the chart could enter the picture.
Notably, other analysts remain bullish on Cardano’s short-term price action. For instance, Ali Martinez previously noted that as long as Cardano stays above $0.80, a rebound toward $0.95 remains possible. However, ADA has relinquished this mark, but market participants await a rebound above it.
Speaking on the recent decline, analyst Man of Bitcoin explained that the Cardano price has dropped below support, and this removed the direct bullish setup. He argued that a break above $0.83 would be the first sign of a bottom, but he emphasized that the market still lacks a confirmed low.
$ADA: Price broke below support, so the direct bullish scenario has been removed from the chart. The market now appears to be forming a larger 1–2 setup, which looks technically complete. A break above $0.83 would be the first indication that a bottom may be in, but for now… pic.twitter.com/qcvdQ6MMEJ
— Man of Bitcoin (@Manofbitcoin) September 25, 2025
For the long term, Martinez is also bullish, previously pointing to Cardano’s performance in the past cycle. He noted that ADA peaked at the 1.272 Fibonacci extension then, and if history repeats, it could reach between $3 and $6 this cycle.