$KERNEL Breakdown Hit Hard… Bears Still in Control ⚠️
KERNEL delivered a clean rejection from the 0.125 zone and followed through with a sharp dump, confirming the anticipated reversal. Price couldn’t sustain higher levels and sellers stepped in aggressively, dragging it below the key 0.10 mark.
This move highlights clear post-pump exhaustion — momentum flipped and the structure turned bearish. No signs of strong buyer support yet.
📊 Trade Bias: Short / Bearish
Entry Zone: 0.098 – 0.102
Stop Loss: 0.106
Targets:
🎯 0.092
🎯 0.085
🎯 0.080 (extended)