A buying opportunity for Cardano is on the horizon

Cardano has continued its decline, reaching daily demand zones.

The coin has also reached overlapping buy demand zones on the 4-hour timeframe.

Currently, the coin has broken a minor downtrend on the 4-hour timeframe.

This indicates weakening seller control, and nearby supply zones 

are beginning to weaken, showing some buy signals.

Expected Targets

If the 4-hour candle breaks and closes above the sell supply zones,

 specifically closing above 0.39970,

we expect to see a continuation of the upward movement towards the specified targets,

which are located at 0.43000, 0.46000, and 0.48300.

However, if the recent low is broken, we may continue

 to decline to the next demand zones,

which are located near 0.33960.