Cardano has surged approximately 9% this week, with the price approaching the $0.40 level. Market analysis generally remains optimistic about this trend, with clear signs of a breakout from a long-standing symmetrical triangle pattern. From a demand perspective, the $0.28 to $0.38 range constitutes an important support zone.

In the short term, if the critical level of $0.30 can be maintained, the macro trend leans bullish. Technically, after breaking through the resistance zone of $1 to $1.20, the subsequent target aims at high levels of $2.60 or even $10+. However, risks need to be managed—if the weekly close falls below $0.28, the previous upward momentum could face invalidation. Additionally, the monthly MACD shows a death cross signal, which is an important warning indicator that investors should closely monitor.