Here's a short-term intraday trade setup for $KERNEL /USDT based on the 15m–1h timeframe:
KERNEL/USDT – Intraday Trade Setup (May 1, 2025)
Current Price: ~$0.1773
MA60: $0.1771 (near support)
24h Range: Low $0.1696 | High $0.1821
Trend: Consolidating near recent support levels; potential for range-bound play or breakout
Setup Options
1. Range Trade (If the price consolidates)
Entry: $0.1760 – $0.1780 (near MA60 support)
Target: $0.1800 – $0.1820
Stop Loss: $0.1730
Rationale: Range-bound between recent low and high; MA60 holding as support
2. Breakout Trade (High-Risk)
Entry: $0.1825+ (with confirmation of volume increase)
Target: $0.185 – $0.188
Stop Loss: $0.178
Rationale: Breakout above recent high with volume confirmation, testing potential supply zone
Indicators to Monitor
Volume: Moderate at 404K; spikes in volume are key for confirmation
RSI: Watch for RSI dipping below 40 and then crossing back above (buy signal)
MA Crossover: Look for MA(5) > MA(10) for bullish momentum if breakout occurs
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