The analysis focuses on Cardano (ADA/USD) using Elliott Wave theory. The current market structure is described as choppy and messy, lacking a clear upside impulse. The line in the sand is at $0.51, maintaining the white scenario for potential price increases in a B-wave rally. The $1.25 level remains a target as long as the market holds above the August low. The market is in a local correction, requiring observation of micro-support levels. A break above $0.896 is needed to consider a low is in. Key support levels to watch are $0.812. If $0.763 breaks, swing lows around $0.71 could be tested and the August low would be in play.