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Quick take: $KERNEL held its breakout above the 0.19 support (MA7) and is now consolidating around 0.21–0.22. If buyers step in, a push back to 0.252 → 0.278 is possible. Losing 0.21 could retest 0.192 again. Current price: $0.2186 • Weekly range: Low $0.2141 → High $0.2522 • Last major top: $0.2785 • MA(7): $0.1921 → price is still trading above, showing strength. • Volume still strong (157M KERNEL in 24h). Entry: 0.214 – 0.220 Targets: 0.252 / 0.278 Stop-loss: below 0.192
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Bitcoin is trading within a descending triangle pattern and is currently facing rejection from the resistance trendline. The Ichimoku Cloud is acting as a resistance barrier above the pattern. A breakout or breakdown is needed to confirm the next directional move.
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#FORTH BULLISH
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anyone else ⁉️
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$KERNEL bouncing clean from support and grinding back above $0.23. Chart structure looks healthy consolidation playing out before the next breakout attempt. This one still feels early.
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