Cardano holds above $0.22 as falling OI signals risk of further losses

Cardano (ADA) held above $0.22 as futures open interest fell to $475.58 million from $549.14 million, signaling reduced derivatives exposure. Positive funding shows a modest bullish tilt among perpetual traders, leaving longs vulnerable if prices fall further. ADA remains below key moving averages, with $0.1894 as a potential downside target.