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$KERNEL :-- As of 7 February 2026, KernelDAO (KERNEL) is trading at approximately $0.0551 to $0.0575, showing a 24-hour recovery of about 7.29% to 14.48% after hitting a multi-month low earlier this week. Despite today's bounce, the token remains in a technical downtrend, underperforming the broader market with a 16.45% decline over the last 7 days.
Latest Market Analysis:----
. Price Action:-- The token reached a high of $0.0650 and a low of $0.0484 in the last 24 hours. Trading volume is exceptionally high at $43.74 million, suggesting significant volatility and interest following the recent sell-off.
. Technical Outlook:-- KERNEL is currently trading below its 7-day and 30-day Simple Moving Averages (SMA), with resistance noted at $0.0614 and $0.0664. While the MACD shows a "Golden Cross" (bullish momentum emerging), the RSI remains neutral, indicating room for further movement without being overbought.
. Key Developments:-- The ecosystem is focused on the adoption of the Kred "Internet of Credit" layer and the expansion of Gain vaults to BTC and stablecoins. These updates aim to increase Total Value Locked (TVL) and provide tangible demand for the token.
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