🚀$KERNEL Momentum Breakout Setup
#kernel is showing very strong momentum at 0.06484 (+43.45%), but after such a sharp move I’d avoid chasing the candle. The key chart resistance is around 0.07120–0.07274. Current momentum is also reflected in elevated technical readings.
Long Entry: 0.0630–0.0650
Stop Loss: 0.0592
TP1: 0.0660
TP2: 0.0712
TP3: 0.0727
Breakout plan: A clean 15m close above 0.0712 followed by a successful retest could provide a safer continuation entry.
My view: Momentum remains strong, but with a 40%+ daily move, pullbacks can be violent. I’d rather wait for a retest than FOMO into the top.
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#kernel is showing very strong momentum at 0.06484 (+43.45%), but after such a sharp move I’d avoid chasing the candle. The key chart resistance is around 0.07120–0.07274. Current momentum is also reflected in elevated technical readings.
Long Entry: 0.0630–0.0650
Stop Loss: 0.0592
TP1: 0.0660
TP2: 0.0712
TP3: 0.0727
Breakout plan: A clean 15m close above 0.0712 followed by a successful retest could provide a safer continuation entry.
My view: Momentum remains strong, but with a 40%+ daily move, pullbacks can be violent. I’d rather wait for a retest than FOMO into the top.
#MultiversXPlansHardForkRecovery #AppleGoogleSeekStablecoinTokenizedDepositTalent
