Cardano (ADA) continues to face bearish pressure after failing to break through a key resistance level. The cryptocurrency attempted to invalidate a bearish pattern but was rejected at the neckline resistance of a symmetrical triangle, leading to renewed downward momentum. After trending within a symmetrical triangle on the 30-minute timeframe, Cardano's price was pushed below the lower support trendline, reaching a low of $0.332. Despite a brief recovery to $0.358, the resistance proved too strong, and ADA fell back below the triangle. The current bearish trend suggests potential further declines, with targets including the January 25 low and December's floor at $0.329. For Cardano to reverse this bearish scenario, it must reclaim the triangle and close above the resistance trendline, contingent on broader market recovery and positive ecosystem developments.