#kernaldeo Technical Signals Breakdown:

1. Price Action:$KERNEL

Current price: $0.1707, with a recent bounce from $0.1545.

It's forming a sideways consolidation after a strong dump — this could be accumulation if volume picks up.

2. Moving Averages:

MA(7) = $0.1719 (above current price — slightly bearish)

MA(25) = $0.1709 (very close to price — indecisive)

MA(99) = $0.1895 (far above price — bearish trend)

3. Volume:

Volume is declining, which usually precedes a breakout. Watch for a volume spike to indicate a direction.

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Bullish Confirmation Could Happen If:

Price breaks above $0.1720–$0.1750 zone with strong volume (above recent candles).

It closes above the MA(25) and MA(7) and starts trending toward MA(99).

A bullish candlestick pattern (like a strong green engulfing candle or bullish flag breakout) forms.

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Watch These Key Levels:

Resistance:

$0.1750

$0.1788 (24h High)

$0.1884 – psychological resistance and MA(99)

Support:

$0.1629

$0.1545 (recent swing low)

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Quick Tip:

Set an alert around $0.1750–$0.1780. If the price breaks and closes above with volume, momentum could shift bullish short-term.

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