$KERNEL Massive bull movement by KERNEL
Keep an eye on it guys, this could be a big wind opportunity. If you feel comfortable then consider entering. Below is an analysis of Kernel and short term trade setup.
Short-term — Bullish bias (63% bullish
Buy zones (short 1d–1w
• Safe: 0.200–0.210 (near 25–99 EMA confluence + short support
• Moderately safe: 0.216–0.222 (minor dip from current, good add zone
• Risky: 0.228–0.236 (breakout retest — buy only if volume stays strong
Sell targets
• Safe TP: 0.244–0.255 (first visible supply above recent high
• Moderate TP: 0.275–0.295 (next swing resistance / psychological).
• Aggressive TP: 0.33–0.38 (momentum continuation — only scale in).
Stop-losses
• Tight: 0.196 (just below the 0.20 structural support).
• Flexible: 0.180–0.170 (below daily support and prior lows
wanna read the explanation? continue below.
Quick analysis / reasoning (short-term)
Price: ~0.224 after a strong intraday ramp — reclaimed short EMAs
Volume: noticeable spike on the lift — shows buyer commitment; follow-up volume needed to confirm breakout
RSI: short-term RSI is high on 1h (overbought), daily RSI ~65 — momentum bullish but locally extended
MACD: 1h/4h show recent bullish cross and positive histogram — momentum turned positive.
EMAs: 7EMA above 25EMA on intraday; price sitting above 25EMA on daily — bullish alignment.
S/R levels: immediate resistance 0.228–0.236 (recent highs/orderbook asks). Support cluster 0.200–0.210, secondary 0.185–0.193 (previous base). Orderbook shows heavier bids than asks — favorable short-term bias but watch for large ask walls above 0.24
Plan: scale entries (30/40/30). Prefer buying into the safe zone or a clean retest of 0.216–0.222 with rising volume. For breakout buys wait for a 1h close above 0.236 + expanding volume. Use the tight stop for intraday scalps, flexible stop for a 1–7 day swing
Risk reminder: crypto volatile — size positions to risk only what you can afford to lose.
DYOR and Inshaallah we will make good profits
