๐ฅ $KERNEL /USDT โ Gaining Strength or Preparing a Fakeout? Letโs Break It Down! ๐
The DeFi token $KERNEL has started flashing green with a +5.03% gain, now trading at $0.1128, brushing its 24h high! Momentum is building, but can the rally sustain or will resistance bite back?
๐ Current Overview:
Price: $0.1128
24h High/Low: $0.1129 / $0.1047
Volume: 17.37M KERNEL
SAR Support: $0.1055 (bullish flip confirmed)
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๐ Bullish Setup โ Breakout Confirmation Needed!
> If KERNEL holds above $0.1110 and breaks above resistance at $0.1140:
Entry: $0.1142
Target 1: $0.1180
Target 2: $0.1225
Target 3: $0.1290
Stop-loss: $0.1090
๐ง Note: A close above $0.1140 on the 1H/4H with solid volume could lead to rapid upside!
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๐ป Bearish Scenario โ Caution if Rejected at Resistance!
> If price faces rejection below $0.1140 and drops under $0.1090:
Watch for a fallback to $0.1040
Possible deeper correction to $0.0990 support zone
๐ Quick Take:
SAR trending below price: Bullish
Price nearing resistance: $0.1140
Momentum: Strong but approaching key breakout test
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