BASE ecosystem star token BRETT rises for 7 consecutive days, but the technical indicators are flashing red.

BRETT surged 19.12% within just 24 hours, which is only the tip of the iceberg of recent gains. According to the latest data, this cultural token on the BASE blockchain has accumulated a 40.29% increase over the past 7 days, with a 22.79% rise over 30 days. The current price stands at $0.02, with a 24-hour trading volume of $28.5 million, and a market capitalization surpassing $200 million, ranking 163rd in the cryptocurrency market cap list. However, behind this strong upward momentum, technical indicators are signaling clear signs of overheating.

Fundamental Support for the Rally

Unique Cultural Token Positioning

BRETT is not an ordinary token. It originates from the well-known comic creator Matt Furie’s “Boys’ Club,” and is a friend of the legendary comic character PEPE. Since its launch on March 11, 2024, BRETT has become the official mascot of the BASE blockchain, fostering a strong ecosystem identity that has built a deep cultural heritage and community foundation. This unique positioning creates a clear differentiation advantage among similar tokens, supporting the long-term stability of its ecosystem value.

Solid Economic Structure Design

The tokenomics of BRETT are highly transparent: 85% allocated to liquidity pools, 10% reserved for treasury, and 5% distributed to CEX wallets. More importantly, the contract has relinquished all ownership, with liquidity locked for 365 days. This design eliminates typical risk factors, enhances investor confidence, and provides structural support for price stability and long-term development. Currently, the circulating supply is 991 million tokens, accounting for 99.10% of the total supply.

Rapid Development of the BASE Ecosystem

As the BASE blockchain ecosystem continues to expand and improve, the growth of its upper-layer application ecosystem provides ongoing opportunities for BRETT. As a core cultural token within the ecosystem, BRETT will continue to benefit from the progress of the BASE chain’s development.

Technical Warning: Multi-Period RSI Significantly Overheated

Clear Overbought Signals

While fundamentals support the rally, technical indicators are signaling obvious risks. According to the latest technical analysis data:

Especially, the 1-hour RSI at 84 and 4-hour RSI at 88 are both in the severe overbought zone (RSI over 70). This indicates that across multiple timeframes, BRETT’s upward momentum has become overstretched, increasing the risk of a correction.

Divergence Risks Intensify

More concerning is that while the price is rising, trading volume is shrinking. Recent data shows a 125.55% increase in 24-hour trading volume compared to the previous day, but from a technical perspective, a volume contraction of -98% suggests weakening buying momentum. Meanwhile, the 1-hour MACD histogram is still expanding, but this divergence (price at high levels, declining volume) often signals short-term correction risks.

Market Sentiment and Risk Assessment

Community Sentiment Is High but Caution Needed

According to relevant information, overall market sentiment towards BRETT is about 80% positive, with community FOMO (Fear Of Missing Out) running high. Many market participants are optimistic about BRETT reaching new highs in 2026, with target ranges between 0.027 and 0.035.

However, this is precisely the area where caution is warranted. When sentiment is overly unanimous, RSI is overheated across the board, and volume begins to decline, it often indicates that short-term gains have already overextended expectations.

Key Levels and Trading Tips

Based on technical analysis, the key levels for BRETT are as follows:

• Current: 0.0200 (psychological level)
• Resistance above: 0.0208 → 0.0215
• Support below: 0.0192 → 0.0180

Market advice: If the price breaks above 0.0208, consider a light long position targeting 0.0215, with a stop-loss at 0.0202; if it falls below 0.0192, switch to watching or shorting, targeting 0.0180. At the current price level, chasing the high is not recommended; wait for a pullback to around 0.0192 to stabilize before considering a small long position or wait for a confirmed breakout above 0.0208.

Summary

BRETT’s 19.12% daily increase reflects market enthusiasm for the CULTURE token of the BASE ecosystem, while the 7-day cumulative rise of 40% shows this heat has become quite intense. The project itself has a solid economic structure and ecosystem position, but that does not mean there are no short-term risks.

The multi-period RSI being severely overheated and the volume divergence suggest that the probability of a short-term correction is rising. Investors should enjoy the gains but remain cautious of risks. Wait for clearer pullback or breakout signals rather than blindly chasing at the current overheated levels, to better seize subsequent opportunities with BRETT.