【$KERNEL Signal】Pullback to buy, main force clearly intends to support the market

$KERNEL 1H level consolidation at high position, price is hovering around 0.1025. The 4-hour MACD fast and slow lines are still above the zero line, but the histogram is beginning to shrink, indicating short-term momentum slowing down. On the 1-hour chart, the price has fallen below the EMA20 moving average, but buy orders in the 0.1019 to 0.1029 range are much thicker than sell orders, showing clear support from funds. Open interest remains stable and has not decreased with the price pullback, indicating that chips are not panicking and fleeing. The negative funding rate continues to put pressure on the bears.

🎯Direction: Long

⚡Entry/Orders: Buildup in the 0.0965 - 0.0990 range in batches

🛑Stop loss: 0.0896

🚀Target 1: 0.1366

🚀Target 2: 0.1554

🛡️Trade management:
- Execution strategy: After the price hits the first target, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot stay above 0.0990 and falls below 0.0965 again, abandon this buildup.

Order book depth shows concentrated buying power, which is a typical support structure rather than a dump. The 1-hour RSI has fallen from high levels to a neutral zone, providing room for another rally. The middle band of the 4-hour Bollinger Bands and the 1-hour EMA50 near 0.089 form a resonance support, creating a solid defense line. The current risk-reward ratio exceeds 4, making risk controllable, and it’s worth using part of the position to bet on a trend continuation.

Check real-time market 👇 $KERNEL
---
Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#Gate金手指 #加密市场普遍上涨 #鲍威尔鸽派发言重燃降息预期