The analysis focuses on Cardano (ADA) on the 1-hour timeframe, detailing an Elliott Wave count. The current market action indicates a C-wave downside impulse, originating from the December 9th high, following an initial Wave 1 down, Wave 2 up, Wave 3 down, and Wave 4 up. This ongoing Fifth Wave to the downside aims to complete the C-wave of a larger B-wave pullback. The resistance area, specifically between 0.425073 and 0.441671, has held, confirming the current bearish impulse. The ideal completion of this C-wave is anticipated within the support zone ranging from 0.387614 (78.6% Fibonacci retracement) to 0.41950 (50% Fibonacci retracement). A reversal within this zone would indicate the completion of the larger B-wave, setting the stage for a subsequent bullish C-wave. This bullish C-wave could potentially target the 0.50 USD level. While the primary scenario favors an A-wave up, B-wave down (currently unfolding), and C-wave up for a wider Wave 4, an alternative more bullish 1-2 setup is acknowledged but currently deemed less likely due to the ongoing downside pressure. A break above the resistance at approximately 0.43 cents would serve as confirmation of a completed bottom and the initiation of the bullish move.