Date: Tue, June 24, 2025 | 12:30 PM GMT
The cryptocurrency market is making a strong bounce back following easing geopolitical tensions between Israel and Iran. Ethereum (ETH) jumped an impressive 6%, climbing above the $2,400 mark. Unsurprisingly, memecoins are also catching the wave — and Brett-Based (BRETT) is one of the top performers.
BRETT surged 18% in the last 24 hours. But more important than this short-term gain is what’s forming on the chart: a familiar fractal pattern that previously sparked a major move — and it may be happening again.
Fractal Suggests Bullish Reversal Ahead
A deep dive into BRETT’s daily chart reveals a clear similarity to its late 2024 setup. Back then, BRETT was trading inside a falling wedge pattern following a major correction. As price tightened within the wedge, it eventually broke out alongside a reclaim of the 100-day moving average — triggering a 160% rally that peaked at the top of a macro ascending trendline.
Fast forward to the present, and the same movements are aligning again.
BRETT is currently moving inside another falling wedge, brushing against upper resistance trendline.. The 100-day moving average, now near $0.049, once again stands as the critical resistance — and potentially the launchpad — just as it was last time.
The blue circle highlights this crucial crossover zone on the chart, indicating that price is once again approaching the decision point.
What’s Next for BRETT?
If history repeats and this fractal structure plays out similarly, BRETT could be gearing up for a breakout above the falling wedge and its 100-day moving average. This could lead to an explosive upside move toward the upper boundary of the ascending trendline — targeting the $0.30 region.
Still, traders must stay cautious.
Until a decisive breakout happens, this remains a setup — not a signal. For confirmation, BRETT must break above both the wedge resistance and the 100-day moving average with strong volume. If this occurs, it would increase the odds of a continuation rally.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
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