$KERNEL 2h Breakdown
- At the moment, I’m anticipating price will likely retest the support/demand zone at 0.1067–0.1002, particularly if we see rejection at 0.1132–0.1289. If price fills that gap and prints a bullish reversal candle or liquidity sweep, a long trade can be considered with entries around 0.1010–0.1020, targeting 0.1132, then possibly 0.1289. Stop-loss should be set below the swing low of the reaction move (for example, under 0.0999 or 0.0939).
- If price sweeps above 0.1289 or 0.1361 (the most recent swing high) and quickly reverses with a strong bearish candle, a short setup would be valid back toward 0.1132 and 0.1067. Confirm with a lower timeframe reversal or a sharp momentum loss.
- For both setups, always wait for confirmation: pin bars, engulfing candles, or clear reversal patterns on the 15m/30m chart after a liquidity sweep or FVG tap are great triggers.
- My bias will shift bullish if we get a strong break and hold above 0.1361 with good volume/impulse, targeting higher levels. I’ll turn more bearish if price closes below 0.1002–0.0999 and then loses 0.0939, targeting 0.0871 and possibly the most recent swing low at 0.0704.
