CandleFocus

BRETT Price Drops More Than 10% Following Twitter Hack

The price of the cryptocurrency BRETT has decreased by more than 10% in the last 24 hours following the hacking of its official Twitter profile. Despite this setback, BRETT remains the largest meme coin on the Base ecosystem and its dominance in the market could help it regain momentum. Technical indicators suggest a potential moderation in the current downtrend, with the Average Directional Index (ADX) showing a slight weakening in trend strength. The Relative Strength Index (RSI) also indicates that BRETT is moving towards a more neutral territory after being previously considered extremely overbought. If the downtrend continues, there is a potential support level at $0.158 that may be tested. However, there is also the possibility of a quick recovery and a test of the resistance level at $0.236.

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