As Dogecoin price prepares for what some analysts believe could be another massive breakout, the Base memecoin, BRETT, appears to be a direct competitor to the memecoin giant. With price action suggesting a potential liftoff toward $0.09, the BRETT Coin seems to be positioning itself as a formidable rival to DOGE. Technical analysis reveals a compelling convergence of bullish signals, suggesting a bullish move may be imminent.
The latest price chart for BRETT/USDT shows the token currently trading around $0.065, experiencing a slight pullback of -4.55%. However, this dip has landed squarely in a well-defined support zone. It is located at a point where horizontal support, an ascending trendline, and historical price memory converge. Traders often view such a structure as a high-conviction accumulation zone.
BRETT Coin Stands in a Good Trendline
BRETT Coin is holding above a long-term ascending trendline that has consistently supported previous price rallies. The recent bounce within this blue rectangular support region indicates buyers are stepping in at these levels.
This price structure, marked by higher lows and tightening price action, is forming a classic bullish continuation pattern. The overlaid forecast path suggests a potential push back toward the $0.07–$0.075 range, followed by a breakout toward the $0.09 level. If confirmed, this would represent a nearly 40% upside from current levels.
Meanwhile, Dogecoin’s long-term macro chart is making waves among technical analysts. A six-month logarithmic candlestick view reveals a stunning cup-and-handle formation that has repeated across three market cycles: 2017, 2021, and potentially 2025.
Not only this, but the rounded bottoms historically have led to exponential price moves for DOGE. Each is marked by a vertical green oval capturing the explosive breakout candle. With the pattern seemingly near completion for the current cycle, speculation is intensifying around another parabolic leg.
The Perfect Timing
What makes the situation interesting is the timing. DOGE’s historical breakout windows occurred roughly every four years, similar to Bitcoin’s halving cycles and market rotations. If history repeats, the Dogecoin price could soon embark on a rally that surpasses past performances, potentially targeting multi-dollar valuations again. But this time, $DOGE is no longer alone at the top of the meme coin pyramid.
BRETT’s recent price behavior and technical structure suggest it could be the breakout star of this cycle. The comparison is not unwarranted because both tokens are deeply embedded in meme culture. However, BRETT carries a newer narrative because of community engagement and rising volume.
As attention turns toward meme coins with powerful visual branding and robust liquidity foundations, BRETT’s sharp V-shaped price recoveries and adherence to the trendline are beginning to attract the same kind of speculative interest that once drove DOGE to a $0.70 high.
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