Direction
Long
Published
October 11, 2024
Status
Token
BRETT
Trigger
Chart PatternSupport/Resistance
Type
Updated
About + Tokenomics
CoinMarketCap Rank | 74 |
Market Cap | 866M |
Volume 24h | 59M |
Total Supply | 9.91B |
Circulating Supply | 9.91B |
Chain | Base |
Chart Analysis
BRETT broke out of its downtrend at the end of September. So far, it did not make a substantial move to the upside. However, based on the current meme hype, the solid indicators and chart it’s just a matter of time until BRETT makes a bigger move.
Technical Indicators
- MACD: Bearish, about to turn bullish 🔵
- RSI: Neutral 🟢
- VMA: Neutral 🔵
- Triple EMA: Price is almost at the same level as all EMA 🔵
- ADX: 11, indicating no trend 🔴
Chart
Trade Setup
There are two potential setups.
Long-Term Hold
If you want to go long-term, the current level seems to be the perfect accumulation level.
Trade
If you want to go for a trade you might wait for a higher high before entering.
- Entry: A confirmed close above $0.105
- Target: $0.2
- Stop Loss: ~0.9
Important: Make sure to take profits on the way up. Moreover, if the markets turns bullish, BRETT could go much higher. In this case you might leave a percentage open when 0.2 is reached.