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I’ve been keeping an eye on #KERNEL# and the chart is getting pretty interesting right now 👀
On the 4H timeframe, price has been consolidating inside a big symmetrical triangle for weeks. Every move has been getting tighter and tighter, which usually means a strong breakout is just around the corner.
We’re now sitting right at the apex of the triangle around $0.189. If buyers step in here, the breakout could push us back towards the $0.26 – $0.28 zone 🚀
The risk is simple: lose support around $0.18 and this setup gets invalidated. But as long as we hold this trendline, momentum is building up in favor of the bulls.
Looks like $KERNEL is about to decide its next big move…
Would you bet on a breakout or a fakeout?