Market Update on KernelDAO ($KERNEL /USDT)
KernelDAO (KERNEL) is currently trading at 0.2029 USDT (~PKR 57.45), recording an impressive +4.32% gain in the last 24 hours, securing its position among the top DeFi gainers of the day. Over the past 24 hours, the price has fluctuated between 0.1909 (support zone) and 0.2140 (resistance level), reflecting strong market activity. Trading volume stands solid at 48.02M KERNEL and 9.70M USDT, signaling healthy liquidity and participation from both short-term traders and long-term investors. With an unlocked market capitalization of ~$45.7M, KernelDAO continues to attract attention as an emerging DeFi asset.
From a technical perspective, KERNEL is showing strength above its 0.2000 psychological support, suggesting that buyers are stepping in to accumulate at lower levels. A breakout above 0.2140 could push the price toward the next resistance targets at 0.2250 – 0.2300, offering room for bullish momentum. However, if the price dips below 0.1950, traders should be cautious of a potential retest of the 0.1909 support zone. For active traders, the setup favors a buy-on-dips strategy with tight stop-loss placement near 0.1900 to safeguard profits. With increasing trading activity and growing DeFi relevance, KERNEL presents a strong opportunity for scalpers, swing traders, and mid-term investors looking to capitalize on its bullish momentum.
