Watching $KERNEL . Already up 70% from the break-out base.
The recent move in $KERNEL looks to be driven more by increased activity in its Binance Perp market and broader altcoin rotation than by any major fundamental catalyst.
Reminder: KernelDAO suffered a major $11M exploit in early 2025. Market trust on exploited protocols rarely recovers fully, which fits my bias of shorting aggressive relief rallies on post-exploit tokens.
Still watching price action here to see how it digests the spike. Looking to position for a short if price breaks down or fails to hold the $0.050 – $0.052 support zone.
The recent move in $KERNEL looks to be driven more by increased activity in its Binance Perp market and broader altcoin rotation than by any major fundamental catalyst.
Reminder: KernelDAO suffered a major $11M exploit in early 2025. Market trust on exploited protocols rarely recovers fully, which fits my bias of shorting aggressive relief rallies on post-exploit tokens.
Still watching price action here to see how it digests the spike. Looking to position for a short if price breaks down or fails to hold the $0.050 – $0.052 support zone.
