The meme coin space has just lit up with fresh bullish energy as 1000RATS/USDT, a BRC-20 token, has officially broken out of a prolonged downtrend that began in August 2023. Trading at $0.02330 with a daily gain of +1.75%, RATS is starting to show early signs of reversal after months of sideways accumulation.
📉 Downtrend Breakdown:
Previous High: $0.17398 (Aug 2023)
All-Time Low: $0.01476 (early 2025)
Breakout Point: Just above the descending resistance trendline, confirmed around $0.022
The chart shows a clean break above a diagonal resistance that has held for nearly a year. This marks a critical technical shift — from bearish pressure to potential bullish accumulation.
🔍 Technical Observations:
Volume Surge: With over 236M RATS traded in 24 hours, this breakout is supported by increasing interest.
Volatility Compression: Long-term consolidation below $0.02 could act as a launchpad if momentum continues.
Next Resistance Levels: $0.0418 → $0.0768 → $0.1118
🚀 What’s Fueling the Move?
RATS is part of the growing BRC-20 token ecosystem built on the Bitcoin blockchain using Ordinals. As meme culture remains strong and the broader market revives, low-cap tokens like RATS are gaining traction due to their low entry price and viral community-driven nature.
📌 Disclaimer: Meme tokens are highly volatile. Always invest responsibly and conduct your own research before trading.
