Is $BRETT poised for a 50% surge? 🚀
$BRETT is performing strongly, holding above the key 50-day moving average of $0.01786 after a strong rebound from the support area of $0.01289. We've seen five consecutive days of gains, with momentum at an all-time high.
The RSI has reached 70, indicating overbought conditions, but is currently consolidating near that level, suggesting continued strong demand. Meanwhile, the MACD indicator has just broken above the zero line and turned positive, with the green bars expanding – confirming pure upward momentum.
The key price level is the high of December 2nd, near $0.02210. A break above this level would target the 200-day moving average at $0.03412. This implies a potential move of over 50%. Support remains locked at $0.01786.
#CryptocurrencyGem #AltcoinSeason #TechnicalAnalysis #Memes $BRETT
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