ADA is potentially forming an interesting (1)-(2) wave pattern that traders should monitor closely. According to Fibonacci analysis, reaching the 100% retracement level around $0.373 would represent a key downside target for this structure. On the flip side, if ADA breaks decisively below the $0.329 support level, it signals that wave-(ii) is still developing to the downside rather than completing. This distinction matters—it changes the entire wave count and what we might expect next. Keeping an eye on these levels will be crucial for understanding whether we're near a bounce or facing further downside pressure in the near term.