$KERNEL Testing Critical Support – Is a Reversal Imminent?

$KERNEL is currently trading at $0.1948, down 8.16% in the last 24 hours, and showing signs of consolidation near a key support zone around $0.1844-$0.20. On the 4H chart, the price is forming a symmetrical triangle, with lower highs and higher lows, suggesting indecision. The RSI (14) is hovering near 30, indicating oversold conditions, which could signal a potential bounce if buyers step in. However, the MACD shows bearish momentum with a recent crossover below the signal line, aligning with fading volume on rallies. Key resistance lies at $0.30-$0.35, where previous distribution phases capped upside. For bulls, a break above $0.22 with strong volume could target $0.26. Bears should watch for a breakdown below $0.1844, which may push prices toward $0.15. Always use tight stops in this volatile market and avoid overleveraging. This is not financial advice—DYOR and trade responsibly