$KERNEL Bullish Surge Begins: Will Momentum Sustain Above Resistance?
$KERNEL is currently trading at $0.1789, showing a strong breakout attempt from consolidation with rising volume. Buyers are stepping in aggressively, but price now sits just under a key resistance zone that could decide the next leg.
Key Levels to Watch:
• Immediate Resistance Zone: $0.1800 – $0.1820
A breakout above this zone could extend the rally toward:
• TP1: $0.1850
• TP2: $0.1877
• Support Zone: $0.1740 – $0.1760
If price fails to hold above recent breakout levels, we could see a short-term pullback to:
• TP1: $0.1725
• TP2: $0.1695
Trade Setup: Momentum Building Up
• Bullish Continuation: Watch for a 15m/1H candle close above $0.1800 with volume to confirm upward extension.
• Bearish Rejection: Failure to break and hold above $0.1800 could lead to a retest of lower demand zones.
• Stop-Loss Guidance: SL below $0.1735 for long trades; above $0.1825 for shorts to manage risk.
Breakout attempt in motion—stay ready for confirmation or a swift pullback.