🚨 $KERNEL /USDT – Pullback or Prime Entry Zone? 🔥
$KERNEL has slipped -4.89%, now trading at $0.1129—just above local support! With RSI near oversold and strong DeFi interest, is this the calm before a reversal? Let’s break it down 👇
📊 Market Overview
📍 Current Price: $0.1129
📈 24h High: $0.1220
❄️ 24h Low: $0.1114
📊 Parabolic SAR: Near $0.1221 (Bearish trend active)
📉 MACD Momentum:
DIF: -0.1435 (Bearish strength)
MACD line turning downward—momentum fading
📉 RSI (6): 22.77 (Oversold – high potential for rebound)
📈 KERNEL Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If KERNEL Holds Above $0.1110):
Entry: Above $0.1145
Targets: $0.1220, $0.1298, $0.1375
Stop-Loss: $0.1084
🔹 Bearish Scenario (If KERNEL Breaks Below $0.1110):
Entry: Below $0.1110
Targets: $0.1066, $0.1000, $0.0950
Stop-Loss: $0.1145
🔍 Hold or Exit?
✅ RSI suggests KERNEL is oversold—watch for bounce signs!
✅ DeFi projects often see rapid rebounds on volume spikes.
⚠️ MACD still negative—wait for confirmation before entering long.
💡 Pro Tip:
🚀 A reclaim of $0.1145 with bullish candles could trigger the next leg up!
⚠️ No volume = fakeout risk. Patience pays in chop zones!
📢 What’s your take on $KERNEL—buying the dip or waiting for breakout? Drop your thoughts below!
🔥 LIKE & SHARE this if you value top-tier trading breakdowns! 🚀