Brett (BRETT) is unstoppable: He left his mark on memecoins.

#BRETT attracted attention with a 63.24 percent increase in the last week.

BRETT, the most popular memecoin on the Base network, ignited the bull run with its short-term rise. Analysts expect BRETT to reach $ 0.19550 with a 29.46 percent increase. However, for this rally to occur, the pair needs to overcome two critical resistance levels. The first resistance level is $ 0.15030. After this resistance, it will be important to overcome the $ 0.17160 level. If BRETT cannot overcome the first resistance of $ 0.15030, the price may retreat to the $ 0.13474 and $ 0.11912 band.

What does onchain data show for BRETT?

Onchain data offers a positive outlook for #BRETT . This data indicates that the popular memecoin could reach $0.195. According to the current data, the Open Interest (OI) volume in the pair increased by 58.26 percent to $72.73 million. The data in question reveals the increasing activity and sensitivity in the pair. High OI usually indicates an increase in long positions in derivative contracts such as futures.

In addition, the long-short ratio of the popular memecoin remained at 1.0032. This ratio shows that long positions prevail over short positions. This trend, which is in line with the price increase, usually signals an ongoing bullish momentum.

Another critical point is investors' demand for memecoins. In particular, billions of dollars of transaction volume are circulating daily on the Solana network. The increasing volume with the memecoin craze gives positive signals for BRETT. If the memecoin trend continues, even higher levels can be targeted in BRETT.