From $0.8 to $0.2 — golden opportunity or classic trap? ❗
$KERNEL just cooled off after a wild vertical breakout, and volatility is still alive❗
Price exploded from $0.1000 to a peak of $0.8990 in a single candle before rapidly pulling back. It’s now consolidating around $0.2386, holding just above the key intraday support at $0.2335.
RSI(6) sits around 35.66, flirting with oversold levels, while the StochRSI at 33.33 hints at a possible bounce if buying pressure returns.
That massive wick suggests either market manipulation or news-fueled hype.
If $KERNEL can hold above $0.2300, there's potential for a relief move toward the $0.2797 resistance zone.
Eyes on volume and momentum — this one could go either way.
