Markets· ★★· bearish· October 29, 10:24

Cardano falls below $0.20 as Fed pause deepens sell-off

—ADA trades at $0.1970, below its 50-day EMA of $0.2223 and 200-day EMA of $0.2407
—ADA futures open interest fell over 5% in 24 hours to $438.16 million
—ADA liquidations totaled $2.46 million, led by $2.05 million in longs
—Funding rate turned negative at -0.0028%, signaling short bias

Why it matters: A break below the $0.1894 support would expose $0.1712 and $0.1537, reinforcing the bearish trend across altcoins.