BOOM! $KERNEL SHORTS LIQUIDATED – $1.25K AT $0.2167!
The bears just got BURNED as $KERNEL rips through the resistance like a beast on fire! That $1,249.5 short liquidation at $0.2167 might just be the spark for a bigger move.
What’s Happening?
A wave of short liquidations shows sellers are getting trapped, and bulls are gaining control. Smart money might be stepping in – and this could be the beginning of a breakout move.
KERNEL Price Analysis (Post Liquidation Surge)
Current Zone:
Buy Zone: $0.2080 – $0.2160
(Accumulation likely in this demand area after shorts got wrecked.)
Targets:
Target 1: $0.2380 (First resistance zone; partial booking advised)
Target 2: $0.2575 (Previous high + psychological resistance)
Target 3 (Moon Shot): $0.2880 (If volume and momentum support breakout)
Stop Loss:
Hard SL: $0.1990 (Below key structure, invalidation of bullish setup)
Caution SL: $0.2045 (Tighter stop for aggressive traders)
Why This Setup Matters:
Short liquidations fuel upward momentum.
RSI likely bouncing from oversold zones.
Volume spike post-liquidation = potential trend reversal.
Pro Tip: Watch the $0.2240 level – if flipped to support, bulls may charge toward the next resistance zone FAST.
$KERNEL not done yet. The crowd is just waking up. Don’t chase – PLAN your trade, EXECUTE your setup.
Are you riding the next pump or watching it from the sidelines?