$KERNEL Bearish 🐻
entry 0.05644-0.06500
sl 0.07120
tp 0.05000-0.04635-0.04000
Short $KERNEL
Reason:
Price is rejecting off the local 0.07120 24h high resistance zone, printing strong upper supply wicks on the 1h timeframe. Sweeping buy-side liquidity into resistance clears a path for a high-R:R mean-reversion pull-back, targeting downside retests back toward the 0.04635 demand floor and lower support boundaries.
entry 0.05644-0.06500
sl 0.07120
tp 0.05000-0.04635-0.04000
Short $KERNEL
Reason:
Price is rejecting off the local 0.07120 24h high resistance zone, printing strong upper supply wicks on the 1h timeframe. Sweeping buy-side liquidity into resistance clears a path for a high-R:R mean-reversion pull-back, targeting downside retests back toward the 0.04635 demand floor and lower support boundaries.
