3.31 Tuesday $KERNEL Midday Thoughts:
Today's volume surged, with a daily increase exceeding 31%. The price has broken through the three moving averages MA(7), MA(25), and MA(99), and MA(7) has formed a golden cross with MA(25). The trading volume on the 4-hour level has significantly expanded, indicating high participation from funds. Currently, it is testing support near MA(7) (0.0892) and is expected to challenge the 24h high of 0.1129 again.
Operation Suggestions
Entry Range: 0.0900 – 0.0940 (buying on pullback near the moving average or current price)
Target Levels: 0.1020 - 0.1120 - 0.1250 (previous highs and inertia extension)
Stop Loss Price: 0.0850 (exit if it falls below MA(25) and recent support level)
· The current price is operating above all short-term moving averages. Although trading volume (Vol) has slightly decreased compared to the previous period, it remains in a healthy volume state overall.
· If it stabilizes in the 0.0890 - 0.0900 range, it can be seen as a buying opportunity; if it quickly breaks through 0.1030 with increased volume, the rebound space will extend above 0.1120.
· Note that there is short-term selling pressure near the 24h high of 0.1129, and chasing high prices is not advisable; if the price falls below 0.0850, the short-term structure will weaken, and strict stop-loss should be implemented.
Risk Warning: The daily increase has exceeded 30%, with significant fluctuations. It is recommended to operate in small positions in batches to avoid chasing at emotional highs.
Personal views are for reference only. Trading involves risks, and investment should be cautious!
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