CandleFocus

BRETT Crypto Eyes Top 50: Price Kicks off December with new ATH

The memecoin BRETT has seen significant success in 2024 and has started off December on a bullish note. It is making progress in becoming one of the top coins by marketcap and has recently soared to the 60th position. It gained $720 million in marketcap in the last 7 days, with most of the gains occurring in the last 2 days. BRETT entered into a consolidation phase in mid-November, forming a bullish flag pattern, but has now broken out of that pattern with an 18.87% upside on December 1st. The memecoin is overbought, so profit-taking may intensify. Open interest and funding rates have surged, indicating strong demand in the derivatives and spot markets. BRETT is not yet listed on Coinbase and Binance, but if it were to be listed on these exchanges, it could unlock a significant amount of liquidity and potentially lead to further upside. The listing on Binance and Coinbase would be an important bullish milestone for the memecoin and could strengthen its mainstream appeal.

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