$KERNEL USDT – BEARISH MOMENTUM STILL GRIPPING THE MARKET, BREAKDOWN CONFIRMS SELLING PRESSURE!
Current Price: $0.1141
24H Change: -2.31%
7D Drop: -18.04%
30D Drop: -29.28%
🔍 Technical Analysis:
$KERNEL USDT is showing sustained bearish momentum, with the price failing to recover above the $0.1194 resistance. The token has consistently printed lower highs and lower lows, confirming a downtrend across multiple timeframes.
Key Levels:
Resistance: $0.1194 – This is the 24H high and the immediate supply zone.
Support: $0.1121 – The 24H low and key level to watch for breakdown or bounce.
Current Price: $0.1141 – Trading near support but with weak recovery signs.
📉 Trade Setup – Short Entry Idea:
Entry: $0.1145–$0.1150 range (if slight pullback happens)
Target 1 (TP1): $0.1121
Target 2 (TP2): $0.1090 (next major support zone)
Stop Loss (SL): $0.1185 (just above recent resistance zone)
This setup provides a favorable risk-to-reward ratio amid continuing bearish pressure.
📊 Market Outlook:
KERNELUSDT is showing weak buying interest, and unless bulls reclaim $0.1194+, further downside is expected. Watch volume behavior near the $0.1121 zone – a breakdown could accelerate the fall, while a hold might offer a short-term bounce.
⚠️ Risk Management:
Risk only 1–2% of your capital per trade. Always use a stop loss and avoid chasing the trade after the breakout/entry point is missed.
#CryptoAnalysis #KERNELUSDT #BearishSetup #AltcoinUpdate #TradingStrategy
