#kernel KERNEL has just dropped from a high point and is now stuck around 0.089, moving close to the lower Bollinger Band, a typical case of a peak followed by a drop. The RSI has fallen to 29.97, the KDJ has crossed downwards, and the MACD green bars are still expanding, indicating that the bearish momentum hasn't exhausted yet.
For support below, the first level to watch is 0.085; if it breaks, it will need to test around 0.078. If there's a rebound, 0.095 is a small resistance, and further up, 0.1 is a short-term strong resistance.
In terms of operations, it is not recommended to catch the bottom; wait for a rebound to 0.093-0.095 to take a short position with a light position, set the stop loss at 0.101, and aim first for 0.085, then look at 0.08-0.078. It is advised to enter and exit quickly, as this small coin has very volatile movements.