Quick Summary
- Since April, when it was available at $0.0234, BRETT price increased by more than 220 percent.
- Price as it stands now is $0.0749 and more than thrice what it was in early April.
- Increasing price and increasing trend supported by higher highs and EMA.
- The 50-day exponential moving average can be seen at $0.0570 as a vital support level.
- The RSI at 58.12 is an indication of bullish momentum but there were no signals of overbought.
- Important resistance elements: $0.0927 and $0.10.
- Upside targets: The targets are looking to be positive $0.12 to $0.14 in case of breakage of resistance.
Good April Rebulate
BRETT has had an amazing recovery effort after an uninterrupted period of falling value between December 2024 and March 2025. Earlier in the month, the token reached a bottom of $0.02340727, but in the meantime, it has risen to $0.0749, which is above 220%.
The upward thrust was strong following the relative strength in which BRETT broke out the 200-day EMA which is important in term of long-term momentum. Given that, all declines have been followed by purchases, pushing the price to new higher highs, and new higher lows.
Source: TradingView
The EMA Convergence is a Signal of a Continued Bullish Trend
The main highlight of the technical aspect is the bullish option of the 20-day and the 50-day EMAs that were previously bearish during the first quarter. At present, a supportive position is occupied by the 50-day EMA of $0.0570, which restores the bullish mood.
To this, another bullish sign is the Supertrend indicator, which has also been reversed to indicate the turn of the market to be side of buyers.
Momentum In-Tact: RSI Shows Buyers of Strength
The Relative Strength Index (RSI) is valued at 58.12, which indicates a good bullish momentum with no entry into the overbought period. A recent pullback in RSI at 80 is a normal recoil, and indicates that the market has done consolidation and is ready to make a further move upwards.
What’s Next? The Participants are Giving All Their Attention at the $0.10 Price Markers
Considering the recent peak of $0.0927, the pricing now meets a significant resistance area. Once bulls breach the $0.10 psychological support, it is very likely that BRETT may see it touching again on the $0.12 to $0.14 support, which it enjoyed in January.
But when the price does not break out narrowly it will see a consolidation phase although it will be momentary. The prices are currently observed by the traders at the support levels of $0.0570 and $0.0363 which during build up served as important areas.
Conclusion
The sudden surge in trading of BRETT is attracting the interest of the traders and investors alike. Since the move has strong technical indicators, the movement attracts the expectation that the token will gain more should it clear the resistance at $0.0927 to $0.10.
Until then, it might be all about the upcoming sessions as they might have an answer whether BRETT is about to resume its bull rally.