$KERNEL – Breakout Confirmation Watch
Timeframe: 1H
Current Price: 0.1550 USDT
Setup Overview
KERNEL is testing a descending trendline from the 0.1768 high. The current candle is attempting a breakout above this resistance with increasing volume. A clean break and hold above 0.1575 could confirm short-term bullish momentum.
Key Levels
• Breakout Zone: 0.1550 – 0.1575
• Support: 0.1450
• Resistance: 0.1645 – 0.1710
Trade Targets
• TP1: 0.1645
• TP2: 0.1710
• TP3: 0.1780
Stop Loss: Below 0.1490
Bias: Bullish if the breakout holds. Monitor volume and candle close above trendline for confirmation. A strong follow-through may trigger a move toward previous highs.
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