BRETT’s price has faced significant pressure following the hacking of its official Twitter profile, which posted suspicious links to an airdrop. The hacking event sparked panic among investors, with BRETT price decreasing more than 10% in the last 24 hours.

Despite this setback, BRETT remains the biggest meme coin on the Base ecosystem, commanding considerable attention and market share. While technical indicators suggest potential moderation in the downtrend, the coin’s dominance in the ecosystem could help it weather this storm and regain momentum.

BRETT’s Twitter Profile Hacking Sparked a Strong Correction

BRETT Twitter profile started posting a strange link to an airdrop a few hours ago. It kept posting again, and that tweet was inserted as a fixed one on its profile. After the market became aware of the possible hacking, BRETT price started to fall.

That price dump strongly impacted BRETT’s metrics. BRETT Average Directional Index (ADX) has decreased from 34 to 30.8, indicating a potential shift in trend strength.

The ADX measures the intensity of a market trend, helping traders understand whether an asset is experiencing a strong directional move or consolidating.

The ADX ranges from 0 to 100, with key interpretations at different thresholds. A reading above 25 suggests a strong trend, while values between 25-50 indicate a robust trend. BRETT’s current ADX of 30.8, though still indicating a strong trend, has slightly weakened from 34.

This subtle decline might signal a pot

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Author: Tiago Amaral