The analysis focuses on Cardano (ADAUSDT) using a 3-day chart. The current price is approximately $0.44. The analyst anticipates a short-term bearish trend, potentially reaching a support level between $0.38 and $0.355. A mechanical bounce is expected from this level, with a potential target of $0.54, maybe even $0.62, serving as intraday support level. The analysis infers a failure level at $0.37, The presenter combines point of control, trend line, the last fair value gap and chart patterns to infer short term trend.