🔻 $KERNEL /USDT – Bearish Momentum Intensifies! Critical Support Test! 🚨
📊 Market Structure:
$KERNEL dropped -3.53%, sliding from the 24h high of $0.1845 to hover near the 24h low at $0.1696. The 54.96M KERNEL sell volume highlights sustained bearish pressure, with price action consolidating near recent lows.
📉 Trade Setup:
Short Entry Zone: $0.1720 – $0.1750 (near current price & minor resistance)
🎯 TP1: $0.1696 (24h low breakdown target)
🎯 TP2: $0.1650 (next psychological support)
🎯 TP3: $0.1600 (extension level if bearish momentum accelerates)
🛑 Stop Loss: Above $0.1780 (above recent swing high to avoid traps).
⚠️ Why This Matters:
Price is teetering at 24h lows with no bullish reversal signals.
High sell volume aligns with bearish sentiment; breakdown below $0.1696 could trigger panic selling.
💡 Pro Tip:
Watch for a 4h close below $0.1696 to confirm bearish continuation. If shorting, scale entries on retests of $0.1750 as resistance. Tighten stops if momentum stalls near support.
Bears prowling – trade the breakdown! 🐻⚡
