$KERNEL /USDT — Strong Reversal in Play
Current Price: $0.2108
24h Change: +1.69%
24h High / Low: $0.2214 / $0.1868
24h Volume: ~$4.3M
Market Cap: ~$46M
Circulating Supply: ~222M KERNEL
Technical View:
KernelDAO has broken above important resistance levels, sparking a fresh wave of bullish momentum. Price now faces immediate resistance at $0.22, with room to push higher if buying pressure holds. Support is seen first at $0.20, then at $0.18 if price pulls back.
Trade Plan:
Entry Zone: $0.2000 – $0.2050
Target 1: $0.2200
Target 2: $0.2400
Target 3: $0.2600
Stop Loss: Below $0.1800
Risk Approach:
Keep risk per trade at 2% of capital. Once Target 1 is reached, move your stop to breakeven and secure partial profits as price advances.
Market Sentiment:
The breakout and rising volume suggest strong buyer confidence and a shift toward bullish sentiment. Still, it’s wise to watch for signs of exhaustion or consolidation before the next move.
Bottom Line:
KernelDAO’s breakout is backed by solid technical signals and healthy volume, creating favorable conditions for further upside if momentum continues.
