The analysis focuses on the Cardano/USD pair, tracking a potential bullish count within a larger corrective structure. The asset has recently tested a Fibonacci standard resistance area, situated between 0.43000 and 0.44500, from which a pullback has commenced. This current phase is interpreted as a wave 2 correction within a broader bullish sequence. The wave 2 is anticipated to unfold as an ABC corrective pattern. Wave B of this correction has reportedly topped after reaching the 50% retracement level. The immediate focus is on the completion of wave C, with a projected target at the 100% extension level of 0.39206. This level falls within a broader Fibonacci support range from 0.387211 to 0.419921. For the overall bullish wave 1-2 setup to remain valid, the price must avoid breaking below the critical invalidation point at 0.3777, which represents the low of the initial wave 1. A sustained move above the recent wave B high, approximately 0.43500, would provide initial confirmation of a potential third wave to the upside, while a break above the 0.45700 level would further bolster this bullish thesis. The long-term implied target for wave 3 is identified around 0.548386. The market is currently working through this corrective phase, with identified resistance levels continuing to hold.