$KERNEL Struggles After Spike – Can Buyers Reclaim Control?

KERNEL is trading at $0.2168, up 16.43% on the day, but facing visible downward pressure after hitting a 24h high of $0.2400. Despite the bullish daily move, recent candles show sellers gaining ground.

Key Levels to Watch

• Immediate Resistance: $0.2210

• Breakout Target Zones: $0.2255 – $0.2320

• Crucial Support: $0.2160

A breakdown here could send KERNEL tumbling back to $0.2100 or below.

Trade Setup – Watch for Reversal or Breakdown

Bullish Entry

Entry: Break above $0.2210

Target 1: $0.2255

Target 2: $0.2320

Stop Loss: Below $0.2150

Bearish Entry

Entry: Breakdown below $0.2160

Target 1: $0.2100

Target 2: $0.2000

Stop Loss: Above $0.2210

KERNEL’s short-term trend hangs in the balance. Buyers must step in around $0.2160 to prevent further downside. High caution advised until a clear direction is confirmed.