Cardano's price analysis indicates a bearish market sentiment, with the value of ADA declining to $0.3655 and facing increasing bearish pressure. Despite weak buying pressure at the $0.3723 resistance level, ADA's support is currently at the $0.3645 mark.

The 1-day chart shows that the bears are dominating the market, with the MACD forming a bearish crossover pattern and the RSI suggesting a further decline in prices. The 4-hour chart also indicates strong selling pressure and a trend in favor of the bears.

Overall, unless buyers are able to turn the trend around, ADA's price could continue to decline and breach its support level.