Is BRETT Set for a Wild 75% Price Surge? You Won’t Believe What’s Happening Next!

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  • BRETT was stuck in a bearish funk on the 4-hour chart, as it dared to challenge the May low of $0.051
  • Could it just be forming a range and then suddenly shoot up to $0.09? Who knows, maybe!

Ah, Brett [BRETT]. It had quite the exhilarating ride in late April, galloping along with Bitcoin’s [BTC] triumph from $76k to a jaw-dropping $111k in May. Not to be left behind, the memecoin soared from $0.034 to $0.091—let’s call it a 166% leap in less than three weeks. Impressive, right? But wait… is it over yet? 🧐

Meanwhile, a recent report dug into Bitcoin’s price drop from its lofty $110k to $103.5k, calling it a “reset” and not some terrifying crash. So, don’t freak out just yet—there’s a real possibility that BRETT might bounce right back if BTC keeps on its merry way. But will the bulls rise to the occasion? Or will they just nap through it all? 🐂💤

BRETT Buyers Get a Steal – Seriously, $0.051 Support Level? What a Bargain!

Back to our dear BRETT, which seems to love testing the $0.051 support level—again and again. It did this little dance back in May, then tried to shake things up by pushing higher. But alas, it faltered near the $0.09 mark, just above the resistance level from February. It’s like déjà vu, but with less excitement. 🙄

The first sign that the bulls were losing their grip? The $0.082 level, which couldn’t seem to stick as support. Not exactly confidence-building. By mid-May, that level was tested again, and guess what? It failed! Then, of course, the price did what it does best—fell. Classic. 😅

This set the stage for a potential range formation. The OBV—like a sad little reminder of the seller pressure—also reset to its May lows. So, what’s the plan here? Well, buying at $0.051 offers a chance to get in on the action with reduced risks and a clear stop loss. But… should it fall to $0.045, things might take a more bearish turn. Yikes. 😬

Let’s dive into the 4-hour chart—ah, the drama continues. BRETT retraced its glorious gains from early May, plunging once more to the ominous $0.045 low. But wait! It managed to claw its way back to the $0.051 support level. Can it hold? The jury’s still out. 🚨

Meanwhile, the OBV just keeps going south, as if it’s on a mission to confirm that selling is in control. And the 4-hour chart? Oh, it’s still showing that lovely bearish momentum. How cozy.

But here’s the twist! If the RSI gets over 50 and the OBV starts making higher highs (and maybe a couple of higher lows), we could see the dawn of a beautiful bullish reversal. Fingers crossed, right? 🤞

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2025-06-02 08:08