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$KERNEL showing strong recovery signals as the buyers gradually regain control on the 1H timeframe. After the previous correction, the price continuously forms higher lows, indicating that the bullish structure is still being maintained quite well.
Currently, the 0.0660 zone is playing an important support role as buying pressure consistently appears each time the price retraces to this area. The upward momentum is also improving noticeably after a short accumulation phase, opening up the possibility for a new breakout if the trend remains intact.
📌 LONG trading plan:
• Entry: 0.0665 – 0.0673
• TP1: 0.0685
• TP2: 0.0700
• TP3: 0.0725
• Stop Loss: 0.0650
If $KERNEL continues to hold above the current support zone, the bullish trend could extend to higher resistance levels in the short term. However, proper capital management and avoiding FOMO during strong price increases are still necessary.
{spot}(KERNELUSDT)