Price: 0.1057 | EMA7: 0.11 | EMA25: 0.11 | RSI14: 37.65 | Resistance: 0.115 | Support: 0.0996 | Average Volume: 299399.97 | Volume Trend: Decreasing
Based on the 1h chart, KERNELUSDT is in a downward trend. Here's my analysis:
**Short-term:** The EMA7 is above the current price, indicating bearish momentum. I recommend a short entry at around 0.104, just below the current price, with a target of 0.0996 (support level).
**Long-term:** The EMA25 is also above the current price, indicating a strong downward trend. If you're looking to enter long, wait for a bullish crossover or a rebound to around 0.109, with a target of 0.115 (resistance level).
**Spot Buy:** Wait for a clear bounce or a bullish signal before buying. A potential entry point could be around 0.101, with a stop-loss set below 0.0996.
**Important Note:** The decreasing volume trend is a concern, which may indicate a lack of buying power. Keep a close eye on the volume and adjust your strategy accordingly.