$KERNEL

1. Current trend

The current price is at $0.1972, showing an appreciation of +1.13% in the last 24 hours.

The most recent candle had:

Open: 0.1963

Close: 0.1972

High: 0.2004

Low: 0.1962

Volume: 2.69 million

There is a short-term bullish formation, with consecutive positive candles and closes above the short moving average (MA7 – yellow line).

2. Moving averages

MA7 (yellow line): 0.1930 – is below the price, indicating support and a bullish bias in the short term.

MA25 (pink line): 0.1898 – also below the current price, strengthening the trend.

MA99 (purple line): 0.2000 – close to resistance, will be a decisive point if the price tries to break.

3. Resistance and support

Immediate resistance: 0.2000 (MA99) and the recent top at 0.2097.

Immediate support: 0.1930 (MA7) and then 0.1898 (MA25).

4. Volume

Volume is increasing along with prices, which is a good sign of strength in the rise.

The green volume bars indicate buying dominating sales.

5. Possible movement of the next candles

Optimistic scenario (most likely at the moment):

If it holds support at 0.1930 and high volume, the next candles may test the resistance at 0.2000 and even aim for 0.2097.

Breaking 0.2097 with strength and volume may initiate a stronger rise.

Correction scenario:

If the price fails to break 0.2000 and volume decreases, there could be a slight correction down to 0.1930 or 0.1898 (regions of MA7 and MA25).

Summary

Current bias: Bullish (short term)

Target for rise: 0.2000 and 0.2097

Key support: 0.1930 and 0.1898