KernelDAO today expanded distribution and market access with a confirmed Upbit spot listing and the launch of its Season 3 airdrop.
KERNEL heatmap signals short squeeze liquidity towards $0.25. KernelDAO (KERNEL/USDT) every day MACD shows an early momentum shift
Upbit opened a KRW marketplace for KERNEL after publishing an inventory announcement on the identical day. The exchange said deposits and withdrawals are supported in accordance with standard operating procedures. The move expands KERNEL's stock market presence to incorporate a key South Korean venue.
Separately, KernelDAO published a blog post announcing that the Season 3 airdrop is live. The article describes eligibility, Sybil resistance measures and the appliance steps for participants. Today's update follows previous Season 3 materials that explained allocations and programming scope.
Today's coverage, along with the “Kred” Litepaper reveal, also highlighted a touchpoint of the KernelDAO partnership with Chainlink, positioning a credit layer component within the project's roadmap. These articles appeared in trade press summaries of KernelDAO's latest communications.
KERNEL/KRW market support. Source: Upbit Korea (X)
KERNEL heatmap signals short squeeze liquidity towards $0.25
Trader Honey identified a possible short squeeze to $0.25 on $KERNEL and shared order book heatmaps that illustrate the high remaining liquidity above the present price. The Coinglass snapshots show vibrant bands around $0.23 to $0.25, indicating stacked demand and certain liquidation clusters which will speed up moves once price pushes into this area.
KERNEL Short Squeeze Heatmap $0.25. Source: Honey (X), coin jar
The price has risen within the range of $0.18 to $0.21 in the previous few sessions. If buyers reclaim the $0.21-$0.22 area, liquidity will decrease until the subsequent strong band, increasing the likelihood of a fast rise towards ~$0.25 as shorts are forced to cover. Conversely, a failure to carry the center range could cause the value to fall back to previous support, where liquidity is deeper and slow moving.
This value comes because traders concentrate to heatmap density and liquidation pools reasonably than headlines, and use order concentration to estimate where shortages may be triggered. It stays an statement of the market structure and no guarantee of direction.
KernelDAO (KERNEL/USDT) every day MACD shows an early momentum shift
KernelDAO's every day MACD just modified to a small green histogram while the MACD line crossed the sub-zero signal line. This crossover signals an improvement in near-term momentum after weeks of mixed readings.
KernelDAOKERNELUSDT Daily MACD. Source: TradingView
The MACD peaked sharply in early August after which slipped right into a broad negative phase through September and most of October. During this era, the red histogram bars continued and each lines trended below zero, reflecting fading momentum. Now the histogram has turned positive again and each lines are rising, indicating that buyers are regaining control.
However, the transition took place below the zero line. In MACD terms, this is taken into account an early shift reasonably than a confirmed reversal. A continued construct of green histogram bars and an eventual MACD rise above zero would strengthen the case for a broader recovery. On the opposite hand, if the lines intersect and the histogram turns red again, it suggests that momentum has stalled before reaching the neutral zone.
In short, the indicator shows a brand new upward trend, however the zero line stays the subsequent goal to substantiate a stronger trend.
