$KERNEL šŸ”„ BULLISH CONTINUATION šŸ”„ šŸ”„

šŸ“Š KernelDAO (KERNEL) — 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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šŸ“ˆ 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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šŸŽÆ Trading Strategy

Short-Term (1–3 Days):

Entry Point: $0.160

Take Profit Targets:

TP1: $0.170

TP2: $0.180

Stop-Loss: $0.150

Risk-Reward Ratio: 1:2

āš 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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