🔥 $KERNEL Range Break Brewing? Watch Closely
$KERNEL just rallied ~10%, pushing prices from the bottom of its range (~$0.195) toward the upper boundary near $0.225, signaling renewed bullish energy. The action confirms that buyers are stepping in with conviction around the lower band, while a daily close above $0.225–$0.229 could fuel the next leg upward.
However, nothing is certain yet, $KERNEL remains trapped between support and resistance. A failure to clear the upper barrier might lead to another pullback toward $0.195–$0.198, reaffirming the range play. Technical indicators like rising volume and repeated testing of both levels suggest the setup is gearing up for a breakout — or a fade.
What to Watch:
• Breakout Zone: $0.225–$0.229 — could open way to $0.24–$0.25
• Support Zone: $0.195–$0.198 — buyers need to defend here or risk range continuation