An analysis said Cardano (ADA) could rebound to $3.10 over the long term if it holds its current support zone and breaks initial resistance around $0.40.

On Oct. 6, blockchain outlet The Crypto Basic presented ADA's key weekly levels as $0.23 to $0.27 support and $0.30 to $0.40 resistance.

Cryptocurrency analyst Giannis Andreou viewed the $0.23 to $0.27 range as the starting point of a recovery scenario. If ADA holds that zone, the bullish structure remains intact, but if it fails to hold support, the rebound thesis could weaken.

The first resistance range is $0.30 to $0.40. ADA needs to establish support above that zone to move into the next leg higher. Andreou's chart also marked a descending resistance line extending from the 2024 to 2025 peaks. If ADA breaks that trendline and then confirms support again, it can be interpreted as a sign the longer-term downtrend is weakening.

The analysis also set out step-by-step targets. If ADA clears the first resistance, the next major target is $0.80. It then identified $1.30 as another key resistance zone. The projected path runs from the current zone to $0.30 to $0.40, then $0.80, then $1.30, and toward $3.10. The $3.10 level is near Cardano's previous all-time high (ATH).

Still, $3.10 is not a short-term target. The target is a long-term scenario that is valid only if lower resistance lines are reclaimed one by one and the bullish structure remains intact. From the current ADA price of $0.248 to $3.10, the gain would be about 1,150 percent.

The invalidation condition is also clear. On the chart, if the weekly close drops below $0.14, the recovery scenario does not hold. That means defending support is as important as breaking resistance when judging whether the bullish structure is intact.

Short-term price action also supported the analysis. On CoinMarketCap, ADA is trading at $0.2701. It is down 1.73 percent over the last 24 hours, but up 9 percent over the past week and up 22 percent over the past month. With the weekly uptrend intact, the market sees a resistance break as the next turning point.

Ultimately, the key for ADA is defending support and breaking resistance in stages. Whether it can hold the current $0.23 to $0.27 zone, clear $0.30 to $0.40, and then reclaim $0.80 and $1.30 in turn has become the main point to watch in the long-term rebound scenario.

$ADA CAN CARDANO REBUILD TOWARD $3.10? The weekly chart shows ADA attempting a recovery from its recent lows. My bullish scenario starts with holding $0.23–$0.27 and reclaiming $0.30–$0.40. Breaking the descending resistance and holding the retest would strengthen the setup. Then I’m watching $0.80 and $1.30. Clearing both could open a longer-term move toward the historical high near $3.10. That final target is 1,150% above the chart’s $0.248 price, conditional on those breakouts. A weekly close below $0.14 invalidates this recovery scenario.