$KERNEL

Possible Reversal Pattern Forming

KERNEL is currently trading at $0.1127, down -6.47% on the day, but technicals suggest we might be setting up for a bullish move.

🔍 1H Chart Highlights:

Formed a local bottom at $0.1105

Recent high touched $0.1220 before a retracement

Price appears to be forming a potential double-bottom or "W" pattern, indicating bullish reversal

MACD showing bearish momentum, but signs of flattening

RSI sitting at an oversold level (~24) — potential bounce territory

📊 Key Levels to Watch:

Resistance: $0.1223

Support: $0.1112

Breakout above $0.1220 could confirm trend reversal

🚨 If bulls step in soon, we could see a push back toward the recent highs and possibly beyond.

🧠 Not financial advice. Always DYOR before trading.