Rude7772
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$KERNEL
1. Current trend
The current price is at $0.1972, showing an appreciation of +1.13% in the last 24 hours.
The most recent candle had:
Open: 0.1963
Close: 0.1972
High: 0.2004
Low: 0.1962
Volume: 2.69 million
There is a short-term bullish formation, with consecutive positive candles and closes above the short moving average (MA7 – yellow line).
2. Moving averages
MA7 (yellow line): 0.1930 – is below the price, indicating support and a bullish bias in the short term.
MA25 (pink line): 0.1898 – also below the current price, strengthening the trend.
MA99 (purple line): 0.2000 – close to resistance, will be a decisive point if the price tries to break.
3. Resistance and support
Immediate resistance: 0.2000 (MA99) and the recent top at 0.2097.
Immediate support: 0.1930 (MA7) and then 0.1898 (MA25).
4. Volume
Volume is increasing along with prices, which is a good sign of strength in the rise.
The green volume bars indicate buying dominating sales.
5. Possible movement of the next candles
Optimistic scenario (most likely at the moment):
If it holds support at 0.1930 and high volume, the next candles may test the resistance at 0.2000 and even aim for 0.2097.
Breaking 0.2097 with strength and volume may initiate a stronger rise.
Correction scenario:
If the price fails to break 0.2000 and volume decreases, there could be a slight correction down to 0.1930 or 0.1898 (regions of MA7 and MA25).
Summary
Current bias: Bullish (short term)
Target for rise: 0.2000 and 0.2097
Key support: 0.1930 and 0.1898
1. Current trend
The current price is at $0.1972, showing an appreciation of +1.13% in the last 24 hours.
The most recent candle had:
Open: 0.1963
Close: 0.1972
High: 0.2004
Low: 0.1962
Volume: 2.69 million
There is a short-term bullish formation, with consecutive positive candles and closes above the short moving average (MA7 – yellow line).
2. Moving averages
MA7 (yellow line): 0.1930 – is below the price, indicating support and a bullish bias in the short term.
MA25 (pink line): 0.1898 – also below the current price, strengthening the trend.
MA99 (purple line): 0.2000 – close to resistance, will be a decisive point if the price tries to break.
3. Resistance and support
Immediate resistance: 0.2000 (MA99) and the recent top at 0.2097.
Immediate support: 0.1930 (MA7) and then 0.1898 (MA25).
4. Volume
Volume is increasing along with prices, which is a good sign of strength in the rise.
The green volume bars indicate buying dominating sales.
5. Possible movement of the next candles
Optimistic scenario (most likely at the moment):
If it holds support at 0.1930 and high volume, the next candles may test the resistance at 0.2000 and even aim for 0.2097.
Breaking 0.2097 with strength and volume may initiate a stronger rise.
Correction scenario:
If the price fails to break 0.2000 and volume decreases, there could be a slight correction down to 0.1930 or 0.1898 (regions of MA7 and MA25).
Summary
Current bias: Bullish (short term)
Target for rise: 0.2000 and 0.2097
Key support: 0.1930 and 0.1898
See original
$KERNEL BINANCE will announce futures very soon, so the price explosion will come. For now, it will just stay sideways.
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