The chart we've shared is a Cardano (ADA/USDT) daily chart from Binance, containing a combination of Elliott Wave counts, trendlines, Volume Profile (POC), moving averages, and Fibonacci-based projections. Here's a breakdown of the technical analysis and future outlook:

📈 Key Observations (as of 26 July 2025):

✅ Current Price:

• $0.8193 — trading just above key resistance-turned-support levels.

🔍 Technical Indicators & Structures:

1. Volume Profile:

• POC (Point of Control) at $0.7177 → strong volume node; likely to act as support on retracements.

2. Support Zones:

• $0.7022 – $0.7177 → Strong support cluster including POC, horizontal support, and Fibonacci zones.

• $0.7716 → minor support (previous resistance flip).

3. Resistance:

• Immediate: Around $0.88–$0.92

• Major resistance: Long-term descending trendline near $1.00 – $1.05

4. Wave Analysis (Elliott Wave):

• A bullish impulsive wave (1-2-3-4-5) seems to be unfolding.

• Current structure hints Wave 3 completed, and possibly entering Wave 4 pullback before Wave 5 targets near $1.05–$1.10

5. Trendlines:

• Broken downward trendline from March 2025 shows a bullish breakout.

• Red arrow points to a target zone near $1.05–$1.10 (Wave 5 potential).

6. Moving Averages:

• 200-day MA (blue) acting as dynamic support.

• Price currently above all short- and mid-term MAs → bullish confirmation.

📊 Forecast Summary:

🧭 Conclusion:

Cardano (ADA) shows a strong bullish structure, supported by volume profile and Elliott Wave formation. If the price holds above $0.7177, a continuation toward $1.05–$1.10 looks probable as part of a Wave 5 expansion.