Here's a quick technical summary of the current $KERNEL /USDT market data:

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KERNEL/USDT Overview:

Current Price: $0.1637 (-6.88% today)

24h High / Low: $0.1760 / $0.1559

Volume (24h):

KERNEL: 26.35M

USDT: 4.34M

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Technical Indicators:

MA(5): 4,562.1

MA(10): 13,368.4

MA(60): 0.1622

Latest Volume: 1,685.7

Price is near the MA(60) — suggests price hovering around mid-term average despite recent drop.

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Market Sentiment & Trend:

Trend: Bearish short-term due to nearly 7% drop and rejection from recent high.

Support: Around $0.1559 (24h low)

Resistance: Around $0.1760 (24h high)

Volatility: High, with significant wicks in both directions.

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Conclusion:

If it holds above the MA(60) and forms a base around $0.16, a bounce is possible.

A breakdown below $0.1559 could open up more downside.

Consider watching MACD / RSI and funding flow for more confirmation.

Would you like a visual chart or strategy suggestion (short-term trade setup, DCA, etc.)?

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