HolderStat | The best meme from top 100🔥 During the recent market dip, BRETT emerged as the top-performing memecoin, supported by BASE's impressive network development progress. The price has only just returned to a key resistance level first reached in June, suggesting there’s still room for further growth.
📉 FLOKI, BRETT's closest competitor, maintains an edge with a stronger Volume/MarketCap ratio and listings on all major exchanges. However, trading volumes for FLOKI have dropped significantly, and its price chart shows weaker momentum compared to BRETT.
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BRETTUSDT
$BRETT - Entry in Demand Zone, Target Above 50c$BRETT is currently in a small correction within a demand zone. Any price under 14c is a good entry point, with 12c being an excellent opportunity. If we see a drop to 12c, treat it as a gift.
Looking to sell above 50c, targeting a strong upside once the price rebounds from this zone.
BRETT Long Spot Trade (Buying the Dip) Market Context:
BRETT's current price action suggests that any dip into the $0.18 zone represents a strong buying opportunity. The setup shows potential for significant upside, with favorable risk-to-reward dynamics.
Trade Setup:
Entry Zone: Around $0.18
Take Profit Targets:
First target: $0.30
Second target: $0.50
Third target: $0.75
Stop Loss: Daily close below $0.15
This trade aims to capitalize on the dip into support, targeting substantial price expansion in the upcoming trend.
Alikze »» BRETT | Ascending Channel - 1W🔍 Technical analysis: Ascending Channel - 1W
📣 COINEX:BRETTUSDT It is moving in an ascending channel on the weekly time frame.
🟢 It has had several positive reactions with demand at the bottom of the ascending channel.
🟢 Given the current momentum that is in the supply area and the middle of the ascending channel.
💎 If the current area is broken, it can grow to the 0.41 area.
⚠️ Given the recent zigzag correction at the bottom of the channel, it has encountered buying pressure candles that can be considered the LVL Invalidation range as invalidating the bullish trend analysis. ⚠️
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HolderStat | Memecoins included in the top 100📊 This week’s analysis of top 100 memecoins revealed some surprises: classic memes like DOGE and SHIB didn’t make the top 5 performers or underperformers. Their lower volatility makes them less appealing for quick gains on price growth.
📉 Coins on the Solana network faced notable declines, presenting an opportunity to build positions at lower prices.
🔥 Meanwhile, fresh memecoins across various networks delivered impressive results, grabbing the spotlight for the week.
BRETT - all time high and moon soon!?Brett - funny meme coin that retail likes to gamble on.
Brett is near all time high and a huge explosion is possible. If you don't already have a Brett position, it may be time to prepare for one. I see a pull back to 0.14 as healthy and a good entry before Brett picks up new power. Right now Retail is rushing into the market and it is not certain that there will be a pull back to the 0.5 fib level.
BRETT is risky with high volatility but with great potential.
Meme Magic on BRETT: Don’t Miss This Bullish Trend!THIS IS A MUST BUY! 🚀 As most memes are currently flipping bullish, this one just fired a bullish signal right off the lows.
What’s to like? This is just the beginning of the weekly trend. Sure, it might seem a bit late, but if everything aligns, the swing is safe to take.
I can’t see a chart more bullish than this at weekly prices. Price targets are indicated by the boxes, so adjust your risk and go long now! 📈
Grab It Now, Cash In by November!💰📈
BRETT - POTENTIAL REBOUND - TECHNICAL ANALYSIS + TRADE PLANTrend Analysis:
The price is in a downtrend on the 4-hour timeframe, with lower highs and lower lows.
Recent candles show consolidation near the $0.07500–$0.07800 range, possibly signaling that sellers are taking profits, leading to some temporary support.
Volume Analysis:
The trading volume at 7.722M shows notable interest in BRETT, but it has not increased significantly to suggest a reversal.
Decreasing volume in a downtrend typically signals a potential for consolidation or a short-term reversal as selling pressure may weaken.
Momentum Indicators:
VMC Cipher B: The VMC Cipher B indicator shows mixed signals with green dots indicating potential bullish divergence, which could mean an upcoming price increase. However, the current momentum on VMC suggests a weak upward push, not strong enough to confirm a trend change.
RSI: At 36.55, the RSI is nearing oversold levels, suggesting the possibility of a short-term rebound but not necessarily a strong reversal. RSI has room to drop further before signaling a strong buying opportunity.
Stochastic: The stochastic oscillator shows an upward cross around 52.72, suggesting a potential buy signal. If the momentum continues, there may be a short-term move to the upside.
HMA-Hist (Hull Moving Average): This histogram shows mixed trends with no definitive sign of strong bullish or bearish pressure, indicating that the trend could go either way in the short term.
Key Support and Resistance Levels:
Support: The $0.07500 level is acting as the immediate support. A breakdown below this level could signal further downside.
Resistance: The $0.08500 and $0.09000 levels are nearby resistance points. If price breaks above these, it could confirm a trend reversal.
Trading Plan
Entry Strategy:
Short-Term Long Position: If the price holds above $0.07500 and RSI remains oversold, consider a short-term long entry with a target near $0.08500. Enter only if there is confirmation from both the RSI and Stochastic crossing upwards.
Breakout Long Position: If the price breaks above $0.08500 with high volume, consider a long position, as it may signal a bullish reversal. Look for further confirmation from the VMC Cipher B and a continued upward trend on Stochastic.
Stop Loss:
Place a stop loss below $0.07300 for long positions to limit potential losses if the price breaks the current support.
Target Levels:
Take Profit (TP) 1: $0.08500 – This is the immediate resistance level. Take partial profit here if the price approaches this level.
Take Profit (TP) 2: $0.09000 – If the price sustains above $0.08500, consider holding until $0.09000 for additional profit.
Risk Management:
Risk-Reward Ratio: Aim for a minimum 2:1 risk-reward ratio by adjusting entry points and take profit levels.
Position Sizing: Limit exposure to a small percentage of the portfolio to manage volatility and avoid significant losses in case the price continues to drop.
Monitoring:
Continuously monitor the volume and momentum indicators (RSI, Stochastic) for any changes that could signal a continuation or reversal of the current trend.
Be cautious of market-wide trends and news that could impact overall crypto market sentiment, as this could affect BRETT’s price movement.
BRETT ANALYSIS🚀#BRETT Analysis : Pattern Formation
🔮As we can see in the chart of #BRETT that there is a formation of Inverse Head And Shoulder Pattern and it's a bullish pattern. Also we can see a breakout here. Around 20-40% bullish move is pending in #BRETT
🔰Current Price: $0.10990
🎯 Target Price: $0.1330
⚡️What to do ?
👀Keep an eye on #BRETT price action. We can trade according to the chart and make some profits⚡️⚡️
#BRETT #Cryptocurrency #TechnicalAnalysis #DYOR
BRETT Long Spot Position (Key Zone Test)Market Context: BRETT is displaying minor higher lows but hasn't confirmed significant higher highs yet. As the price approaches the $0.07 level, it enters a critical zone where market makers could potentially sweep the lows and form a double bottom, offering a strong risk-to-reward setup.
Trade Setup:
Entry: Around the $0.07 area.
Take Profit:
First target: $0.11
Second target: $0.14
Third target: $0.17
Stop Loss: Daily close below $0.05.
This trade offers a favourable risk-to-reward ratio as we aim to capitalize on the potential double bottom formation. #BRETT #Crypto
BRETTUSDT - Possible Buy Opportunity on BRETTBrett is a community based meme token. Brett aims to leverage the power of such an iconic meme to become the most memeable ...
Brett (BRETT) is a memecoin and the official mascot of the Base Chain, inspired by the character Brett from Matt Furie's Boys' Club comic series.
Looking at the RSI on the 1-hour, 1-day and 1-week intervals they are all at the bottom of the range with allot of up-side potential. Apart from the small correction on the 1-hour chart, BRETT is already at support and allows for a buy opportunity at these levels.
BRETTUSDT.P A Potential Bullish Setup!!BRETTUSDT.P chart is showing a potentially bullish pattern on the daily timeframe, around the 61.8% Fibonacci retracement level and a long-term trendline originating from May 14, 2024.
BTCUSDT.P has been retesting the 200-day EMA for three consecutive days, indicating a zone of high interest.
Important Note: This analysis is based on a candle that has not yet closed. It’s crucial to wait for confirmation with a full daily candle close above the trendline and Fibonacci level before considering a trade and sometimes even wait for double retest.
This idea adds clarity that the analysis is anticipatory, giving traders a heads-up on a potential setup.
Setting up for a Green Line Breakout Hey folks, I have been adding to my Brett bags the past couple of weeks, it has charted nicely, and I thought I should share my perspective, since it's been playing out. I am looking for a break above resistance at .1066 to confirm its direction to the next highest node on the VRVP, or potentially much higher.
My long price target is at least $1-$1.50, potentially even $2-$3 at its peak.
Thank you for your time,
OnePath
Brett (BRETT/USDT) TECHNICAL ANALYSIS + PRICE PREDICTIONTechnical Analysis by Blaž Fabjan
Price Movement:
The asset shows a clear downtrend, followed by a short period of consolidation, and it is now breaking through a resistance level.
There is a marked bullish pattern, indicated by the breakout from a flag/pennant formation (shown by the blue upward line). This is often a continuation pattern signaling that the prior trend may resume after the consolidation.
Resistance Level:
There is a horizontal resistance line that has been marked. The price seems to be challenging this resistance after breaking out of a small downward consolidation channel (the flag pattern).
Indicators:
VMC Cipher B Divergences: This indicator shows a bullish divergence (green dots). The blue wave in the oscillator indicates increasing bullish momentum, which supports the potential for an upward move.
RSI (14): The RSI stands at around 52.62, showing neutral to slightly bullish conditions. This leaves room for a potential upward move without being in overbought territory.
Stochastic RSI (14,3): The Stoch RSI is currently at 62.37, showing that there might be a slight pullback in the short term, but overall, it is still in a favorable range for buying as it is not overbought.
Trading Plan:
Entry:
Based on the breakout above the resistance line and the upward momentum, the chart marks a "good buy option" point right after the breakout of the downward consolidation channel.
An entry around the current price of 0.0880 USDT would align with this technical signal, as it is near the breakout zone.
Stop Loss:
A safe stop loss could be placed just below the recent consolidation low at around 0.0700 USDT. This level would invalidate the bullish setup if the price were to fall below it.
Take Profit:
The target for this move could be aligned with the previous swing highs. The chart suggests a potential move toward the 0.1000 USDT level, which could be a conservative take-profit point based on the prior trend.
If momentum continues strongly, the next possible target could be at 0.1100 USDT.
Risk/Reward Ratio:
Entry at 0.0880 USDT, stop loss at 0.0700 USDT, and take profit at 0.1000 USDT gives a risk/reward ratio of approximately 1:2, which is a reasonable trade setup.
Conclusion:
This chart suggests a potential short-term bullish opportunity for BRETT/USDT, particularly if the breakout is sustained. Based on the current indicators, a pullback could be expected, but the overall trend points towards upward momentum, making it a good buying opportunity if proper risk management is applied.
BRETT/USDT: ABOUT TO BREAK OUT! 150% MOVE EXPECTED!!Hey everyone!
If you enjoy this analysis, a thumbs up and follow would be greatly appreciated!
BRETT looks good here. It tries to break out from the descending triangle in the daily time frame. A confirmed daily close above the triangle would lead to a 100-150% move to the upside.
Entry range:- $0.07-$0.08
Target:- 100-150%
SL:- $0.056
What are your thoughts on BRETT's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
BRETT/USDT Breakdown: Next Stop $0.080?The 15-minute chart for BRETT/USDT shows a bearish structure with a potential breakdown on the horizon.
The price has been moving sideways within a tight range, but it recently breached the key support level at $0.08483, signaling possible further downside momentum.
The shaded blue area on the chart represents a potential drop zone, where the price could decline if bearish pressure continues.
The next major support level to watch is $0.080, which could be a significant target for short sellers.
Given the break below support and the retest of the breakdown point, the price is likely to continue lower if it fails to regain the $0.08536 level.
BRETT Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
In this daily timeframe, BRETT is showing a rebound from the support level of $0.08143. The price is currently at $0.09923, and if the market favors the bulls, BRETT will likely rally toward the $0.1324 resistance trendline.
Key levels:
- Primary Support: $0.08143
- Resistance: $0.1324
- Upper Resistance: $0.1955
- Invalidation: A close below the support level.
DYOR. NFA.
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