Quick Summary:
- BRETT price surged over 220% from April lows of $0.0234.
- Current price stands at $0.0749, more than triple its early April value.
- Bullish trend confirmed with higher highs and strong EMA support.
- 50-day EMA at $0.0570 acts as a crucial support zone.
- RSI at 58.12 suggests bullish momentum without overbought signals.
- Key resistance levels: $0.0927 and $0.10.
- Potential upside targets: $0.12 – $0.14 if resistance is breached.
Strong Recovery from April Lows
After a steady downtrend from December 2024 to March 2025, BRETT has made an impressive comeback. The token hit a bottom at $0.02340727 in early April but has since rallied to $0.0749 — a rise of more than 220%, signaling a major trend reversal.
The bullish move gained strength after BRETT decisively broke above the 200-day EMA, a key indicator of long-term momentum. Since then, every dip has been met with buying, pushing the price to consistently higher highs and higher lows.
Source: TradingView
EMA Alignment Signals Ongoing Bullish Trend
A key technical highlight is the upward alignment of the 20-day and 50-day EMAs, which had previously been bearish throughout Q1. Currently, the 50-day EMA at $0.0570 is serving as a solid support level, reinforcing the positive momentum.
Adding to this, the Supertrend indicator has also flipped bullish, further confirming that the market sentiment has shifted in favor of buyers.
Momentum Intact: RSI Confirms Buyer Strength
The Relative Strength Index (RSI) currently stands at 58.12, indicating healthy bullish momentum without entering overbought territory. The RSI recently pulled back from 80, a natural correction that suggests the market is consolidating before another potential move higher.
What’s Next? All Eyes on the $0.10 Mark
With a recent high at $0.0927, the price is now approaching a major resistance zone. If bulls manage to push through the $0.10 psychological level, there’s a strong chance BRETT could revisit $0.12 to $0.14, similar to levels seen in January.
However, if the price fails to break through immediately, a short period of consolidation is likely. Traders are watching support levels closely at $0.0570 and $0.0363, which previously acted as key zones during the buildup.
Conclusion
BRETT’s sharp rebound is drawing attention from traders and investors alike. With strong technical indicators backing the move, the token seems poised for further gains — provided it can clear the $0.0927 to $0.10 resistance range. For now, all eyes are on the next few sessions, which could determine if BRETT is ready to continue its bull run.