The BRETT token has experienced an 8.13% drop in price over the last 24 hours, resulting in a decrease in market cap to $1.58 billion. However, the token's trading volume has increased by over 30%, indicating stabilization in price fluctuations. The token has struggled to recover from a 31.89% decline since reaching its all-time high in December. Currently, the token is approaching a key support zone, and if it holds, it could see a bounce towards the next resistance area. On the other hand, if the support is broken, the token's price could fall further. The technical indicators suggest a neutral market with a possibility of oversold conditions. On-chain activity shows a decline in new addresses but stable activity among current users. The token's price volatility aligns with address activity, with significant activity occurring during a price increase in October 2024. Despite a slowdown in new user adoption, there is ongoing interest and growth among existing users of major cryptocurrencies like BTC, ETH, and BCH.



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