When the price approaches the high zone, buying momentum clearly lags behind, and liquidity is heavy. The upward movement is being absorbed by continuous selling pressure, making the rally weak. This usually indicates a short-term trend reversal. If sellers maintain control, the downside potential will be easier to realize than the upside.
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$KERNEL encounters resistance at a key resistance level, with clear signs of buying exhaustion.
Short $KERNEL immediately
Entry: 0.06750 – 0.06850
Stop Loss: 0.07000
First Target: 0.06470
Second Target: 0.06100
Third Target: 0.05680
When the price approaches the high zone, buying momentum clearly lags behind, and liquidity is heavy. The upward movement is being absorbed by continuous selling pressure, making the rally weak. This usually indicates a short-term trend reversal. If sellers maintain control, the downside potential will be easier to realize than the upside.
Trade $KERNEL here 👇