$KERNEL – Testing critical supply zone after BOS 📈
Break of Structure (BOS) confirms bullish momentum, but a supply zone rejection could indicate weakness.
Equal lows (EQL) were taken, followed by a Change of Character (CHoCH) that shifted the market structure bullish.
If the supply zone holds, the next move could be a retracement to 0.1700. However, a breakout above 0.1725 may signal continuation toward 0.1730+.
Stop Loss: Above 0.1725.