Cardano is, as many other coins, trading within a 1D Triangle but appears to be closer to a break-out to the downside (RSI = 42.639, CCI = -75.7795, Highs/Lows = -0.0016). This will happen if the Higher Low sequence breaks with 0.06900 being the first. If it does the immediate targets are 0.06527 and 0.0600 in extension. The long term trend remains bearish (1W RSI = 42.965, MACD = -0.050) and only if 0.1091 breaks can we consider a long term direction shift.
Also, what's your bearish TP? Have we seen the bottom yet?