Cardano's price is approaching a critical juncture as it forms a bullish ABC pattern on the ADA/USDT 4-hour chart. After a relief rally from the $0.24-$0.26 support area, Cardano surged 14% to $0.31 before a slight pullback. The pattern's completion now depends on Cardano's reaction to the $0.27-$0.28 "reload" area, which could propel it towards the wave C target of $0.38. The ABC pattern involves a bullish wave A, a corrective wave B, and a larger wave C. Wave A saw Cardano rise from $0.22 to $0.28, while wave B corrected to $0.25. The bullish wave C began but stalled at $0.30. Analysts suggest that a retest of the BC2 support zone could lead to a continuation of the upward trend, provided the price does not fall below this level.