In that price range, start with a rear handle euro style rail gun. Typically they have two bands, but a long band pull length which gives you decent range (10 maybe 12ft max). Avoid a breakaway/floatline setup for your first rig. Go with a reel setup... its much easier to manage in the kelp.
Wetsuit buoyancy and weight selection is critical. In the kelp, I try to use a weight with which I'm neutrally buoyant at about 15-20 ft depth. This means you will be sinking when you hit 25 ft depth, keep that in mind. If you are too buoyant you will have to struggle to get down the first 10 feet of depth. This will use up your oxygen and scare the fish.
Before you go stalking your prized trophy, make sure you have the physical ability to land it. A static breath-hold (resting heart rate, sitting on your couch) of 3-4 minutes translates into about 1-1:30 minute of downtime while diving. This can greatly decrease based on your heartrate and surface intervals. Spend three minutes the surface for every one minute you're under.
Hope this helps, I know its a late reply.
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