Big Move Alert: $KERNEL Crashes into Liquidation Zone
Massive long liquidation of $1.2712K spotted at $0.2099 – smart money just got flushed out. This could signal a potential trend reversal or a deeper breakdown depending on price action around this key level.
$KERNEL Technical Analysis
Liquidation Price: $0.2099
This level acts as a high-interest zone. A bounce from here could trigger a strong upside rally, but a breakdown might fuel more panic selling.
Buy Zone:
$0.2000 – $0.2150
Accumulation in this zone could be smart if price stabilizes with volume and shows signs of reversal (bullish candles, support holding).
Targets:
Target 1: $0.2400
Target 2: $0.2700
Target 3: $0.2950 (strong resistance from previous high)
Stop Loss:
Below $0.1950
If price breaks below this with volume, it might continue the downtrend. Always use strict risk management.
Summary:
Watch $0.2099 closely. It’s the battleground between bulls and bears. A strong recovery here could ignite the next rally, but weakness could mean more blood.