1. Current Price & Movement ($KERNEL )
• Current Price: $0.1875
• 24h Change: -8.98%
• 24h High/Low: $0.2134 / $0.1812
The price is currently near a key support level around $0.1812, which marks the recent lowest point.
2. Trend Analysis
• The chart shows a strong downtrend from the recent high of $0.3400.
• The decline is consistent, with multiple red candles and no significant bullish correction — indicating heavy selling pressure.
• Recently, the price has been consolidating sideways, suggesting indecision or accumulation.
3. Volume
• 24h Volume: 52.13M KERNEL / 10.17M USDT
• Volume remains active, but not strong enough yet to signal a confirmed trend reversal.
4. RSI (Relative Strength Index)
• RSI(6): 33.96 — approaching the oversold zone (<30).
• This suggests the asset might be due for a short-term bounce, though no clear reversal has been confirmed yet.
5. Key Support & Resistance Levels
• Support: $0.1812 (critical short-term level)
• Resistance: $0.2082, then $0.2431
Summary:
••Overall trend is bearish••
• RSI nearing oversold implies possible short-term rebound.
• If the $0.1812 support breaks, price may decline further.
• A bounce with strong volume could lead to a test of $0.2082 resistance.
#KERNELUSDT
