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Hold everything. Did anyone else catch $KERNEL
on the 1h? This thing just went parabolic. 🚀
Seriously, it just exploded +22% in what feels like minutes. Straight up from the 0.10s right into 0.1270. We even wicked all the way to 0.1330.
This is pure momentum. The candles are huge and green, with no major pullbacks yet.
The question now is, where does it cool off? Or does it even cool off? We need to see if it can establish a new support level above 0.12.
If it consolidates here, say around 0.125 to 0.127, it could be setting up for another push. But usually, move this aggressively invite some profit taking.
I'm watching for a potential retrace back to the 0.115-0.120 area to see if buyers are still strong enough to scoop it up.
Don't chase blindly on these candles, guys. Wait for confirmation.
What's your gut feeling? Is this just getting started or a quick pump and dump? 🤔
#Kernel #ShowMyAlphaPoints