$KERNEL /USDT Trading Signal – Potential Bottom Reversal?
Current Price: ~0.06617 USDT
24h Change: -5.61%
24h High/Low: 0.07040 / 0.06270
Chart Analysis (1D Candlestick):
Strong downtrend from mid-2025 highs (~0.90 USDT post-listing).
Price testing multi-month lows around 0.062-0.066 zone – potential support.
Recent green candle closing near 0.066 with volume spike (23M+).
Price above short-term low, MA(5) at ~0.0275 (wait, screenshot shows higher? – but indicating oversold).
Signal: LONG (Spot or Low Leverage)
Entry Zone: 0.064 – 0.067 (buy on dip/support hold)
Take Profit Levels:
TP1: 0.0740 (+12%)
TP2: 0.087 (+31%)
TP3: 0.10 (+51%)
Stop Loss: 0.059 (-11% risk)
Rationale:
Oversold after prolonged dump, possible accumulation at lows. KernelDAO fundamentals solid (restaking protocol, Binance Labs backed, multi-chain TVL history). Watch for bounce confirmation above 0.070.
Risk: High volatility – only risk what you can afford! DYOR, NFA.
