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BRETT Jumps 17% as Coinbase Listing Fuels Bullish Momentum
The price of BRETT, a Solana-based meme coin, surged by over 17% in the past 24 hours, signaling renewed bullish momentum and setting the stage for a potential retest of its local peak at $0.07. The rally comes on the heels of a key catalyst: the launch of BRETT perpetual futures on Coinbase International Exchange and Coinbase Advanced, which has ignited investor interest.
After peaking at an all-time high of $0.235 on December 1, 2024, BRETT entered a prolonged downtrend, stabilizing between $0.026 and $0.036 by mid-March. However, a breakout on April 22 pushed the token beyond this range, closing above $0.044 with increased trading volume and establishing bullish technical indicators. This move was marked by a crossover of the 20-day EMA above the 50-day SMA, a pattern often associated with sustained upward trends.
The breakout rally peaked at $0.07 on April 26 before undergoing a modest pullback. Now, with the latest swing high, BRETT appears poised to retest that level. If successful, analysts suggest the next major resistance lies at $0.15 — a zone that previously acted as strong support in November and resistance in January.
While the outlook remains optimistic, the bullish trend could falter if BRETT dips below its immediate support near $0.05. For now, momentum remains strong, and all eyes are on whether the token can clear $0.07 and sustain its climb toward $0.15.