$KERNEL best analysis, Enters Healthy Correction Phase❗
After an explosive surge from just $0.1000 to a staggering $0.8990, $KERNEL is now undergoing a much-expected pullback. The price has cooled off to around $0.3046, still boasting an impressive +204.60% gain in the last 24 hours. Such vertical rallies are usually followed by strong profit-taking—and that’s exactly what we’re witnessing.
Live Stats:
Current Price: $0.3046
24H Peak: $0.8990
24H Bottom: $0.1000
Volume (24H): 200.86M KERNEL
Technical Overview:
RSI (6): 29.02 – Nearing oversold zone on the 15-minute chart
StochRSI: Not displaying values, but chart indicates momentum cooling off
Intense early buying now facing resistance as sellers lock in gains
Crucial Price Levels:
Resistance Ahead: $0.3600 / $0.4100
Support Range: $0.2700 / $0.2350
Potential Trade Strategy (Risk-Managed):
Ideal Entry Range: $0.2800–$0.3000 if signs of support and bounce emerge
Target 1 (TP1): $0.3600
Target 2 (TP2): $0.4100
Stop Loss: Below $0.2500
Although the initial pump may have peaked, don’t rule out a second breakout wave if price consolidates and volume returns. Keep a sharp eye on structure forming—this could be a chance to ride the next wave. But remember, volatility is high—trade smart, not reckless.
Buy and trade now on $KERNEL
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