Cardano (ADA) is trading near a multi-year accumulation zone, historically linked to significant price rebounds. Currently, ADA is holding within a support range of $0.18 to $0.25, a zone that has repeatedly served as a foundation in previous cycles. Analysts suggest that if ADA maintains this base and breaks through a descending trendline resistance, it could target higher price levels. Market analyst Crypto Patel highlights that Cardano's current position aligns with a historical demand zone, where buyers have consistently absorbed selling pressure. This accumulation zone has previously fueled rallies, such as the one in January 2021, leading to a peak of $3.10. If ADA clears the descending resistance, potential targets include $1, representing a 270% increase, and $3, a 1,011% rise from current levels. However, maintaining the support zone is crucial for sustaining the bullish outlook.