Cardano (ADA) has just undergone a strong price increase, reaching this year's high of $0.8 and moving towards the important resistance level of $1.3. However, the market is expected to enter a correction phase, with price fluctuations in the range of $0.8 to $1.3.

- **Weekly Chart**: ADA has risen from the important support area of $0.3, but was rejected at the level of $1.3 due to selling pressure. In the medium term, ADA may correct to the level of $0.8 before continuing its upward trend, targeting the resistance level of $2.

- **4-Hour Chart**: ADA's upward momentum has stalled after encountering resistance at $1.3, leading to volatility and sideways correction. The "head and shoulders" reversal pattern may cause the price to correct to the Fibonacci levels of 0.5 ($0.82)–0.618 ($0.7), creating opportunities for buyers to return to the market. 🚀