$KERNEL BREAKOUT OR PULLBACK? Critical Moment
$KERNEL is currently trading at $0.3276 after surging over +227% in the last 24 hours. However, it’s now consolidating just below key short-term resistance, signaling a decisive move is on the horizon. With strong trading volume (451.98M) and growing interest, volatility is expected.
Key Levels to Watch:
• Immediate Resistance: $0.3310
• Immediate Support: $0.3208
A breakout above the $0.3310 mark could extend the bullish rally, while failure to hold $0.3208 may trigger a quick pullback.
Trade Setup – Stay Alert for a Big Move
Bullish Scenario:
If price closes above $0.3310 with strong volume, watch for upside targets:
• TP1: $0.3400
• TP2: $0.3580
Bearish Scenario:
A breakdown below $0.3208 may open the door for a retracement:
• TP1: $0.3100
• TP2: $0.2960
Stop-Loss:
• Use tight stops depending on entry point.