🔹 Current Market Situation (18.08.2025)
Intraday Range: 0.1890 – 0.2114 USDC
Trend (1H):
On the 1-hour chart, KERNEL is in a corrective phase after a strong upward impulse. The current pullback has found support between 38.2% (0.1960) and 50% (0.1890) Fibonacci, a critical decision zone. RSI hovers around 42 points, signaling weakening momentum but still above the oversold zone. MACD is approaching the signal line, indicating potential consolidation or further downside.Trend (4H):
On the 4-hour timeframe, the broader structure remains bullish as long as price holds above 0.1800 (61.8% Fib). RSI at 48 shows neutral sentiment, while MACD, though losing momentum, is still positive. This suggests the market is in equilibrium, and the next sessions will decide the direction.Volume:
Recent declines have occurred on decreasing volume, indicating no strong pressure from sellers. If a spike in buying activity appears around 0.1890 – 0.1900, it may confirm that bulls are defending the support zone. Conversely, a breakdown of this level with rising volume would confirm stronger selling momentum.
Fibonacci Levels (last move 0.1650 → 0.2133):
23.6%: 0.2050
38.2%: 0.1960
50%: 0.1890
61.8%: 0.1800
Extension 1.618: 0.2480
🔹 Yesterday’s Recap (17.08.2025)
Yesterday, KERNEL attempted to break resistance at 0.2130, but the lack of sufficient volume led to rejection and a price decline.
1H: a negative RSI divergence appeared – price was rising while momentum was weakening, a classic warning signal before correction.
4H: the market tested the 0.2050 (23.6% Fib) support multiple times but failed to hold it. With no bullish impulse, sellers regained control, pushing price lower into current support zones.
Summary: 17.08 marked a transition from short-term bullish euphoria into a wait-and-see phase, where selling pressure slightly increased but lacked confirmation from strong volume.
🔹 Outlook and Predictions
KERNEL is now trading at a critical support zone.
Bullish scenario: if bulls defend 0.1890, the market has potential to rebound toward 0.2000 – 0.2050, and then retest the 0.2130 resistance. A breakout above it may lead to 0.2300 and ultimately 0.2480 (1.618 Fib extension).
Bearish scenario: a breakdown of 0.1890 with rising volume would expose 0.1800 (61.8% Fib), and if this fails, further decline toward 0.1750 – 0.1650 could follow.
🔹 Long Scenario (Bullish)
Entry: 0.1900 – 0.1920
Stop Loss: 0.1820
Take Profit:
TP1: 0.2000 (short-term confirmation)
TP2: 0.2130 (major resistance retest)
TP3: 0.2300 (opens the path toward 0.2480)
Recommendation: A good opportunity for swing traders to build positions if support holds, but confirmation with rising volume is crucial.
🔹 Short Scenario (Bearish)
Entry: 0.1890 – 0.1910 (only on confirmed breakdown)
Stop Loss: 0.1975
Take Profit:
TP1: 0.1800 (61.8% Fib support)
TP2: 0.1750 (local low)
TP3: 0.1650 (last line of defense)
Recommendation: This setup requires confirmation via volume increase – without it, the market may fall back into sideways consolidation instead of a true sell-off.
🔹 Summary
KERNEL is at a key decision point – bulls are defending the 0.1890 support, while sellers are attempting to break it. The next moves will depend heavily on volume confirmation.
If you’re bullish → watch for a rebound with strong buying activity.
If you’re bearish → look for a breakdown with heavy selling volume.
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