$KERNEL /USDC BULLISH REVERSAL CONTINUATION
Market Structure:
Price has completed a base formation after a prolonged downtrend and is now trading above the Supertrend (10,3), signaling a potential trend reversal. The recent push into the 0.0816–0.0827 zone shows renewed buying strength, while the pullback remains shallow, indicating strong demand at higher levels.
Trend & Momentum:
Supertrend flipped to support, confirming bullish bias.
EMA and MA compression followed by expansion suggests momentum is rebuilding.
Rejection wicks from lower levels highlight aggressive dip buying.
Trade Plan – LONG SETUP:
Entry Zone: 0.0720 – 0.0755
Targets:
TP1: 0.0816
TP2: 0.0865
TP3: 0.0920
Stop Loss: 0.0650 (below key support and trend invalidation level)
Invalidation:
A decisive breakdown below the stop-loss zone would invalidate the bullish reversal structure.
Risk Management:
Risk a small fixed percentage per trade, book partial profits at each target, and trail stop loss after TP1 to secure gains.
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