$KERNEL /USDT SHORT TRADE ENTRY OPPORTUNITY — BEARISH REJECTION AFTER SHARP SPIKE!🔥💯
After a sudden upward spike to the 0.1790 zone, $KERNEL is showing signs of rejection and price exhaustion. The current candle has printed a strong wick, indicating selling pressure at resistance and opening the door for a potential correction.
Trade Setup (Short):
• Entry Zone: 0.1735 – 0.1745
• Take-Profit (TP): 0.1670 / 0.1600
• Stop-Loss (SL): 0.1795
Market Outlook:
Price action has shifted from bullish momentum to a potential reversal, especially with high rejection at intraday highs. Caution advised — monitor volume drops and resistance confirmations for optimal entry timing.
#BTCBackto100K #TradeOfTheWeek #AltcoinSeasonComing #StripeStablecoinAccounts #FOMCMeeting