$KERNEL š„ TRADE AND INVEST š„
Trade Setup:ā short
Short Entry: $0.1710 ā $0.1715
Take Profit (TP): $0.1680 / $0.1620
Stop Loss (SL): $0.1785
After a failed breakout above $0.1775 and repeated rejections from the $0.1784 resistance zone, $KERNEL /USDT has slipped back below support and is now consolidating near $0.1748. The market shows signs of lower highs and increasing sell-side volume, suggesting potential downside continuation if $0.1728 breaks.
Market Outlook:
The lower support around $0.1728 is being tested again. A breakdown below this could trigger a deeper retracement toward previous demand zones. Momentum remains weak as bulls fail to reclaim control. Caution is advised for long entries unless a strong bounce confirms a reversal.
This is a high-risk bounce trade ā ideal for scalping or quick gains. Not financial advice ā always DYOR! ā
