$KERNEL – WEAK BOUNCE, STRONG SELL PRESSURE! BEARS RETAIN CONTROL
REJECTION FROM $0.2649. LOWER HIGHS FORMING WITH INCREASING SELL VOLUME.
$KERNEL surged early but failed to sustain above $0.26 and is now showing signs of exhaustion. The price has printed multiple lower highs, and current candles indicate selling pressure is intensifying near $0.2335. If support at $0.2300 breaks, a flush toward the $0.2188 zone is likely.
Trade Setup:
Short Entry: $0.2330
TP1: $0.2240
TP2: $0.2185
SL: $0.2390
Momentum has shifted — bulls are fading while bears push the price lower.
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