Date: Sat, April 26, 2025 | 06:10 AM GMT
In the cryptocurrency market over the past week, major memecoins are starting to show signs of recovery after enduring sharp corrections since the start of the year. Among them, Brett (BRETT) has come into the spotlight with an impressive weekly gain of 92%, fueled by a major technical breakout on the lower timeframes.
Meanwhile, Bonk (BONK) is also back on the green track with a 52% surge — and is flashing a very similar setup to BRETT’s recent breakout, suggesting that a short-term rally could be just around the corner.
Source: Coinmarketcap
BRETT and BONK Fractal Analysis
Looking at the recent chart comparison, Brett made a decisive breakout above two key resistance areas — the 100-day moving average and the major blue resistance zone. This move triggered a strong rally, pushing BRETT’s price up by around 46%, reaching the next green resistance zone at $0.07098. It was a clean and powerful breakout, followed by a retest that confirmed support, leading to continuation higher.
Bonk is now setting up in an almost identical manner. It has already broken above its 100-day moving average and is currently hovering just under its blue resistance zone. If Bonk continues to follow Brett’s path, it could soon stage a rally towards the green resistance area around $0.00002239. From the current price, that would be about a 20% move higher, a setup that traders are closely watching.
What’s Ahead?
BRETT has already shown the playbook: break above major moving average, clear through resistance, retest, and fly. Now BONK seems to be walking the same road. If the structure holds and momentum kicks in, BONK could quickly catch up and surprise the market with a sharp upside burst.
That being said, nothing in crypto is guaranteed. While fractals can give hints, markets often find ways to throw surprises. Staying nimble and not blindly expecting outcomes is always wise.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
