BRETT's price has recently surged past the descending wedge pattern, which was marked by a significant uptrend and robust bullish candles. Following a notable 12% increase post-breakout, the price is now retracing towards the initial breakout point.
On the 4-hour chart, the EMAs had exhibited an ongoing golden cross, with the Brett crypto's price positioned above both the 50-day and 200-day EMAs, indicating a positive long-term trend.
The MACD aligns with the signal line in a golden cross configuration, maintaining a bullish course. The histograms also reflect this optimism, displaying a bullish formation.
The RSI is in a bullish phase, having reached the overbought territory. Currently, the RSI is approaching the 50 mark and is on the verge of intersecting the 14-day SMA, suggesting a strong likelihood of sustained upward momentum for BRETT crypto.
The key support levels for Brett are set at $0.1070, and $0.1250. while it faces resistance at $0.1700, and $0.1950.
On the 4-hour chart, the EMAs had exhibited an ongoing golden cross, with the Brett crypto's price positioned above both the 50-day and 200-day EMAs, indicating a positive long-term trend.
The MACD aligns with the signal line in a golden cross configuration, maintaining a bullish course. The histograms also reflect this optimism, displaying a bullish formation.
The RSI is in a bullish phase, having reached the overbought territory. Currently, the RSI is approaching the 50 mark and is on the verge of intersecting the 14-day SMA, suggesting a strong likelihood of sustained upward momentum for BRETT crypto.
The key support levels for Brett are set at $0.1070, and $0.1250. while it faces resistance at $0.1700, and $0.1950.