$KERNEL Breakout or Breakdown? – Volatility Ahead!
$KERNEL is trading at $0.1877, recovering from its intraday low of $0.1812. Price is now testing a resistance area with potential for either a continuation or rejection.
Key Levels to Watch:
• Resistance: $0.1895 – A breakout could lift price toward $0.1930 and $0.1980.
• Support: $0.1850 – A breakdown below this could drag price to $0.1812 and $0.1775.
Trade Setup:
• Bullish Entry: Above $0.1895
• TP1: $0.1930
• TP2: $0.1980
• Bearish Entry: Below $0.1850
• TP1: $0.1812
• TP2: $0.1775
Stop-Loss: Place stops just outside breakout/breakdown levels to control risk.
