From $0.89 to $0.23 — Golden Opportunity or Classic Trap?
$KERNEL just cooled off after a wild vertical spike, but the volatility isn’t over yet.
After exploding from $0.1000 to $0.8990 in a single candle, price sharply retraced and is now consolidating around $0.2386, holding just above key intraday support at $0.2335.
RSI (6): 35.66 — nearing oversold
StochRSI: 33.33 — signaling potential for a bounce
This massive wick could be a sign of manipulation or news-fueled hype. If $KERNEL can hold above the $0.2300 level, we could see a relief move toward the next resistance at $0.2797.
Watch for volume spikes and momentum shifts—this setup could go either way.
#KERNEL #Altcoins #CryptoUpdate #VolatilityPlays