Cardano slides near $0.20 as bearish derivatives weigh on ADA

Key takeaways Cardano trades near $0.201 on Monday, extending its decline after three consecutive losing weeks. Funding has turned negative at -0.0032%, reinforcing the bearish derivatives picture. ADA faces initial resistance at $0.213, while weak momentum leaves recovery attempts vulnerable. Cardano fell below $0.202 on Monday as pressure persisted across its derivatives, spot, and technical […] The post Cardano slides near $0.20 as bearish derivatives weigh on ADA appeared first on CoinJourna