Key Insights :
- Brett coin broke out of a falling wedge, indicating trend reversal and rising momentum.
- Analyst XEVK confirmed a bullish structure with support at $0.03513 holding strong.
- Volume surged post-breakout, suggesting sustained buying interest in BRETT.
Brett Coin (BRETT) recently broke out of a falling wedge, igniting bullish sentiment and sparking hopes of a major rally. The meme coin, known for sharp price moves, has reclaimed key levels and is now trading above immediate resistance.
Analysts confirmed the breakout and outlined a bullish market structure supported by rising volume and strong accumulation. With increased buying activity and consistently higher lows, the BRETT price may be positioning for a move toward $0.35.
Wedge Breakout Confirms Bullish Reversal for Brett Coin Price
Analyst XEVK identified the bullish breakout from a classic falling wedge pattern on Brett Coin’s four-hour chart. The structure had compressed price action between $0.027 and $0.016, forming lower highs and lower lows.
A breakout above the wedge was confirmed with high volume and strong momentum. This pushed BRETT past $0.045 for the first time in weeks.
This move validated a textbook reversal setup. Brett Coin traded at $0.05379 at press time, reflecting a steady uptrend since the breakout.
The daily price range showed a high of $0.05779 and a low of $0.04936, consolidating the price above key levels. XEVK shared a chart confirming the wedge breakout and noted that current price action aligns with bullish continuation.
Key Support Zone Holds at $0.03513
XEVK highlighted a critical ascending trendline that has been respected on the four-hour chart since the breakout. His setup included a strong support zone around $0.03513, which acts as the invalidation level for bulls.
So far, this support has been received with multiple successful retests, suggesting a strong buyer presence in this zone. The current uptrend has remained intact with higher lows forming consistently, confirming market strength.
BRETT has established a bullish channel between $0.045 and $0.058, with momentum continuing to build. The $0.035 to $0.0375 area has proven to be a high-volume accumulation zone, setting a strong base for the ongoing rally.
XEVK emphasized that Brett coin remains primed for higher targets as long as this structure holds. BRETT breakout structure offered ideal conditions for a rally toward mid-range targets and potentially higher.
Analyst Consensus Builds as Volume Surges
Furthermore, Steph Is Crypto supported the breakout thesis. The analyst shared a daily chart highlighting the wedge breakout and a vertical rally in progress.
According to his analysis, Brett coin price broke past its downtrend resistance with strong green candles backed by rising trading volume. She confirmed the breakout has invalidated the prior bearish structure and opened the door for extended upside.
Volume has surged in tandem with the breakout. Over $38.5 million in 24-hour trading volume confirms that real buyers are backing this move.
Open interest is rising across futures markets, showing conviction among leveraged traders. The rally isn’t driven by thin liquidity but by steady market activity and bullish sentiment.
This volume breakout supports the view that price action is sustainable. It could push toward major resistance zones at $0.116 and $0.182, as seen in 2024 rallies of BRETT.
Momentum Builds for Possible $0.35 Rally
With the bullish wedge pattern confirmed, Brett Coin has entered a new phase of upside momentum. XEVK’s chart outlines the structure leading to potential targets far beyond current levels.
The $0.1166 and $0.1825 zones remain the first significant hurdles. If current trends hold, BRETT could make a sustained push toward $0.35 in the coming months.
This is supported by a declining exchange supply, which suggests accumulation instead of distribution. The number of wallets containing BRETT is increasing, and there is evidence that short-term traders are gradually shifting to long-term holders.
This shift in supply also supports the subsequent rally theory. For Brett Coin to sustain its support levels, analyst confidence and on-chain trends must remain strong. Breakout confirmations also suggest the potential for a massive rally ahead.