Cardano (ADA) is facing bearish pressure and may head towards the $0.40 region after a correction to an important liquidity zone.ADA's price structure and technical analysis indicate a bearish outlook, with lower highs and potential breakdown below key support levels.If ADA fails to hold the $0.581 support level, it could further drop towards $0.4564, $0.42, and potentially $0.40.The recent surge in crypto market volatility and lack of aggressive buying add to the possibility of more downside moves for ADA.