Can it Rejoin the $1B MCAP Club?
By: cryptosheadlines|2025/05/02 12:45:01
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
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...
In such a crowded cross-border payment arena, where is the next stop for the future?
Only by stepping into the mud can one have the chance to touch gold.
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat
The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...
Why do cryptocurrency projects always like to change their names?
In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.
Who is footing the bill for the $64 billion accounting frenzy?
Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.
I never expected that the first application of AI x Crypto would be in security auditing
AI has accelerated attack efficiency and also promoted the upgrade of defense systems. The security audit sector is undergoing a transition from a dividend model to a competitive model.
What is your view on Binance's competitive advantages?
When the dividends of rule arbitrage gradually approach zero, can we produce product strength, governance capability, and trust that are commensurate with its scale?
ETH has entered a non-consensus phase, and the turning point is approaching!
This has nothing to do with the Ethereum Foundation or Ethlabs; Ethereum needs to win by solving real problems.
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
It can continue to question the cost-effectiveness of stablecoins in the G10 currency corridor, but it cannot ignore the structural opportunities of stablecoins in emerging markets, corporate finance, and on-chain settlements.
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
The living space is constantly being compressed.
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.
Bitcoin vs. Gold in 2026: Which Asset Performs Better in Different Markets?
Bitcoin vs. gold in 2026: Why are both assets falling, and what does their changing correlation mean? Discover what drives Bitcoin and gold prices and how traders can navigate different market conditions.
The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough
The awareness level of the audience in the cryptocurrency industry—including media, institutions, and retail investors—is steadily increasing, and this trend has become a foregone conclusion.
Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies
Overview of Important Market Events on June 24
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...
In such a crowded cross-border payment arena, where is the next stop for the future?
Only by stepping into the mud can one have the chance to touch gold.
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat
The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com




