Cardano dips below $0.19 as bearish derivatives data signals further losses

Cardano (ADA) trades near $0.188 after breaking below key support, with bearish derivatives data signaling further losses. Funding rates turned positive, hinting some traders expect a recovery, but resistance sits at $0.215-$0.218. A prolonged decline could expose $0.155 support. The token's recent decline extends as market sentiment remains cautious.