$KERNEL š„ BULLISH CONTINUATION š„ š„
š KernelDAO (KERNEL) ā Technical Analysis & Trading Strategy
Current Price: $0.1633 USDT
24h Volume: ~$32.4 million USDT
Market Cap: ~$27.4 million USDT
Circulating Supply: ~170 million KERNEL
All-Time High: $0.34
All-Time Low: $0.0000
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š Technical Indicators
Relative Strength Index (RSI 14): Neutral (~50)
MACD: Bullish crossover observed
Moving Averages:
MA20: $0.155
MA50: $0.160
MA200: $0.170
Support Levels: $0.150, $0.140
Resistance Levels: $0.170, $0.180
Note: Technical indicators suggest a cautiously bullish trend, with price trading above short-term moving averages.
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šÆ Trading Strategy
Short-Term (1ā3 Days):
Entry Point: $0.160
Take Profit Targets:
TP1: $0.170
TP2: $0.180
Stop-Loss: $0.150
Risk-Reward Ratio: 1:2
ā ļø Disclaimer
> This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are subject to high market risk. Please conduct your own research (DYOR) and consult with a financial advisor before making investment decisions.
Pro Tip: Monitor the price action around the $0.170 resistance level. A breakout with strong volume could signal a continuation of the uptrend. Conversely, failure to break this level may lead to a short-term correction.
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