- BCUT retested its $0.01445–$0.01490 support zone, attracting buyers as volume spikes hint at accumulation.
- Despite a -15.84% weekly dip, BCUT holds a $9.23M market cap with low dilution risk and strong tokenomics.
- MACD and RSI confirm weak momentum; however, bullish structure and demand zone strength suggest a possible upside breakout.
BCUT is trading just above a key demand zone after shedding over 15% in the past week. Traders now closely monitor price action near $0.01490 as the token shows signs of a potential bullish reversal.
Strong Support Holds as Bulls Attempt Rebound
As shared by Kamran Asgghar on X, BCUTUSDT has been consolidating within a well-defined range, finding support between $0.01445 and $0.01490 on the 15-minute chart. The price bounced multiple times from this zone, forming bullish wicks that confirm ongoing buyer activity. A descending channel pattern guided the latest downtrend, but recent candles attempted to break above it.
The current price of $0.01498 sits slightly above this range midpoint, supported by visible spikes in trading volume during support tests. These patterns reflect active trader engagement, suggesting ongoing accumulation. MACD values near zero and a 40.69 RSI reading indicate weak momentum but potential for reversal if volume increases.
Broader Structure Signals Sideways Compression
According to a CryptoRank 4 hour chart data,BCUT has remained locked between $0.01400 and $0.01800 for several weeks. Although the price briefly surged above $0.01800 on July 26, it quickly corrected below $0.01600. Since then, BCUT has printed lower highs and hovered near its short-term support level.
Data indicates BCUT is still trading beneath this zone. If bulls reclaim $0.01550 with strong volume, the path toward higher resistance may reopen.
Fundamentals Show Strength Despite Market Underperformance
BCUT currently holds a market cap of $9.23 million, positioning it among top projects under the $20 million threshold. As reported by CryptoDep via CryptoRank, BCUT’s fully diluted valuation of $16.7 million shows minimal inflation risk. Unlike tokens with oversupply threats, BCUT maintains healthy tokenomics with most supply already circulating.
Still, BCUT fell 4.87% over the last 30 days, underperforming peers like MORE (+309%) and CUDIS (+43.6%). The dip reflects weak market interest, yet BCUT’s utility in NFT forensics and blockchain analytics may gain relevance as Web3 infrastructure grows.
Hence, while short-term momentum remains subdued, BCUT’s positioning, token structure, and support reaction suggest potential for mid-term growth.
