$KERNEL USDT – Bullish momentum increases as KERNEL rises
KERNEL has risen by about 10%, reaching $0.1184 with strong bullish momentum. The price is hovering below its 24-hour high of $0.1186, indicating strong buying pressure and the possibility of further increases if volume continues.
Key technical indicators:
Current price: $0.1184
24-hour high: $0.1186
24-hour low: $0.1047
24-hour volume (KERNEL): 25.87 million
Support area: $0.1135 – $0.1100
Immediate resistance: $0.1193 – a breakout above this level may open the door for new short-term highs
Outlook:
The bullish momentum reflects increasing strength. A confirmed breakout above $0.1193 may initiate the next bullish phase. However, slipping below the range of $0.1160–$0.1130 could lead to short-term profit-taking.
Conclusion:
KERNEL shows strong momentum supported by volume. Watch for a breakout above $0.1193 for the continuation of the upward trend, or a potential pullback toward the support range of $0.1135–$0.1100.
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