Can it Rejoin the $1B MCAP Club?
By: cryptosheadlines|2025/05/02 20:45:01
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com BRETT soared 108% this month, suggesting momentum is still alive despite a slight dip today.RSI is closing in on the historical rejection zone (79–81) that triggered two past sell-offsA rising MACD supports continued upside, but history says momentum could stall near $0.074–$0.082 resistance.If momentum weakens, $0.054–$0.057 offers a likely support zone. But if BRETT pushes through $0.074–$0.082, it could set off the next major leg up.The recent hype surrounding the Brett Carnival in Dubai for Token 2049 (May 1, 2025) has brought fresh attention and volume to the BRETT coin. The event, promoted by the official Brett account and partners like m3taweb3, served as a bullish catalyst that pushed prices upward in late April.Following the announcement on April 18, BRETT’s price jumped from $0.029 to $0.057 by April 23, a 96.5% rally in just five days that reignited bullish momentum. BRETT is trading at $0.06502, up 2.46% in the past 24 hours, with a market cap of $644.43 million and a 24-hour trading volume of $49.28 million.To rejoin the $1 billion market cap club, a milestone it lost on January 19, 2025, BRETT would need to climb to approximately $0.10, reflecting a 55% upside from current levels..BRETT/USD Sits Critical At RSI And Key Resistance LevelsLooking at the BRETTUSD chart and on-chain metrics, the asset is showing signs of a maturing rally backed by strong short-term momentum. Over the past month, BRETT has gained 108%, supported by a consistent increase in volume (+17.95%) and renewed social buzz following its Token 2049 presence and Brett Carnival event in Dubai.Technically, RSI is currently at 69, just below the historical rejection zone (79–81) — which previously marked two sharp sell-offs, including one from its all-time high at $0.26 in DEC1 2024. In those cases, RSI crossing 79 led to immediate reversals within a few sessions.If RSI reaches that same zone again, traders should expect a test of the $0.074–$0.082 resistance, with a potential extension to $0.09–$0.10 if momentum strengthens. A push toward $0.10–$0.11, the estimated price needed for BRETT to reclaim a $1 billion market cap, would mark a psychological and technical milestone.Meanwhile, the MACD remains in bullish territory, with the signal line crossover intact, confirming upward bias. However, histogram bars are beginning to flatten, signalling slowing acceleration — a potential early warning for trend exhaustion.If buyers fail to push through the $0.074–$0.082 band, price may pull back toward support at $0.057, with deeper cushions near $0.045, where the previous breakout began.Whale Silence, Retail Surge: Chart Signals Maturing BRETT Rally Backed by Organic MomentumOnly 12.19% of holders are in profit, while 79.22% remain at a loss, concentrated between $0.077–$0.13.If price revisits those zones in the coming 7–10 days, this could trigger aggressive profit-taking or fuel the rally if holders wait for higher prices.The IntoTheBlock chart reveals a sharp spike in large transactions—hitting nearly 180 txs on March 6—indicating significant whale activity, possibly accumulation or distribution. Post-spike, large transactions dropped sharply, averaging 2–11 txs daily, even as BRETT’s price recovered from a low near $0.024 in early April to around $0.032 by April 30.This divergence signals a shift from whale-driven moves to retail-led momentum. Notably, the 7-day high of 30 txs on April 26 aligns with renewed buying interest following the Dubai event. For traders, this suggests a maturing rally backed by organic demand, with whale inactivity hinting at untapped upside if momentum continues.Strategy Insight for TradersExpect upside momentum to persist for another 2–5 days, targeting the $0.074–$0.10 zone.If RSI reaches 80, be cautious: tighten stops or scale out partially.Failure to break $0.074 may result in a quick fade to $0.057, with full cooldown support at $0.045.Stay alert to MACD histogram shifts and RSI divergence for reversal signs.Source link
You may also like

Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund
In the crucial window of legislative bargaining, using political contributions to advance industry interests.

Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization
When AI is both the attacker and the defender, can cybersecurity still hold up?

OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.
The two companies have a valuation difference of more than two times, but they are vying for the same pool of investors' money.

Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity
Quantum computing will not upend blockchain, but it will force its security to be restructured.

Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live
On April 21, if you are also in Hong Kong, you will have the opportunity to showcase your skills live.

Bitcoin mining companies flee for the Nth time
When mining no longer generates sufficient economic returns, the rational business decision is naturally to shift resources; however, if this trend continues to spread, the question of who will bear the long-term costs of maintaining the security of the Bitcoin network will become a problem that mus...

Stablecoin mergers: there will be no "winner takes all"
Dialogue with the founder of Dynamic: See how embedded wallets and stablecoins break down technical barriers, allowing businesses to create a "global version of Venmo" within hours, reshaping the trillion-dollar payment infrastructure.

Warmonger Trump has forgotten about Americans waiting in airport lines for hours
Feeling down? Just watch the American TSA Agent who takes out a loan every day to go to work now

Houthi Have a Checkpoint | Rewire News Morning Brief
Over 40 Foreign Diplomats Discussing Reopening Trade Route, U.S. Refuses to Attend

The Money-Saving Philosophy of the AI Era: How to Spend Every Token Wisely
The unit of billing has changed time and again, but the instinct to save money has remained constant throughout history.

$240 Billion Dark Forest, The Fall of Iron Finance
Prince Group's key member Li Xiong escorted back to China, bringing an end to an underground financial empire thriving on Telegram.

3 hellos limit, where did your Claude Code limit go? A 28-day cache Bug, and an official response that encourages you to "use it sparingly."
The credit limit of premium users evaporates at a rate 10-20 times faster, and the official response is to ask you to use it more sparingly.

How to Make Money on Polymarket Using AI?
Polymarket is the wallet, Claude is the brain, Perplexity is the eye

Morning Report | YZi Labs strategically increases investment in Predict.fun; Drift Protocol suffers an attack with losses of at least $200 million; Coinbase's x402 joins the Linux Foundation
Overview of Important Market Events on April 2nd

The $590 Billion Dream: How Did the Female Warren Buffett Fall from Grace?
At the height of her success, she was destroyed by her own success.

Dialogue with the founder of Pantera: Bitcoin has reached escape velocity, traditional assets are being left behind
If you have no exposure to blockchain, in a way, you are already shorting this trend.

The growth dilemma of Base: everything was done right, yet users still leave
Even with 100 million potential users, if there is nothing worth staying for, it will ultimately still be empty.

Predicting the World Cup "Showdown": Over 150 projects are gearing up, with a total investment of nearly 6 billion dollars
In the current situation where new projects are constantly emerging, it is necessary to be particularly vigilant against the risk of being "reversed."
Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund
In the crucial window of legislative bargaining, using political contributions to advance industry interests.
Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization
When AI is both the attacker and the defender, can cybersecurity still hold up?
OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.
The two companies have a valuation difference of more than two times, but they are vying for the same pool of investors' money.
Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity
Quantum computing will not upend blockchain, but it will force its security to be restructured.
Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live
On April 21, if you are also in Hong Kong, you will have the opportunity to showcase your skills live.
Bitcoin mining companies flee for the Nth time
When mining no longer generates sufficient economic returns, the rational business decision is naturally to shift resources; however, if this trend continues to spread, the question of who will bear the long-term costs of maintaining the security of the Bitcoin network will become a problem that mus...
