$KERNEL invalidated the Double Top at $0.1513 and broke out above the 99 MA ($0.1483). Price now at $0.1552, with a new high of $0.1555

Just spotted a textbook Double Top on the 1H chart for this DeFi token. Price hit resistance around $0.1513 twice and failed to break the 99-period MA (yellow line). After the second peak, sellers took control, pushing the price below the neckline at $0.1436.

This pattern typically signals a trend reversal. If the neckline doesn't hold, we might see further downside pressure.

Key Levels:

Resistance: $0.1513

Neckline Support: $0.1436

MA(99): $0.1497 (Still acting as resistance)

Volume spike on the drop confirms the move. Stay cautious!

$KERNEL

#DoubleTop