$KERNEL USDT BULLISH TECHNICAL ANALYSIS
The chart shows a strong recovery from the recent swing low after an aggressive sell-off, followed by a clean series of higher highs and higher lows on the 1-hour timeframe. Buyers have stepped in with momentum, pushing price back toward a key resistance zone. Market structure favors continuation to the upside as long as bullish candles hold above reclaimed levels.
MARKET STRUCTURE
Price formed a clear V-shaped recovery from the 0.0755 low and is now approaching resistance where a breakout could open room for further upside. Momentum candles indicate active demand and strengthening bullish sentiment.
ENTRY (LONG POSITION)
Entry Zone: On minor pullback after this breakout attempt
Take Profit (TP):
TP1: Next resistance zone
TP2: Upper rejection wick area from previous high
Stop Loss (SL):
Below the recent higher-low structure
RISK MANAGEMENT
Use moderate leverage, follow strict SL discipline, avoid adding to losing positions, and scale out profits as targets are reached.
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