ANIMEUSDC Market Overview: Volatility, Divergence, and Key Support Levels

• • • Summary • • •

• Animecoin/USDC fell from $0.01313 to $0.00933, forming bearish continuation patterns amid high volatility.

• Key support at $0.0092–$0.0093 and resistance near $0.00945–$0.0095 saw multiple retests and failed breakouts.

• Volume surged during the 10 PM to 3 AM ET window, indicating heightened trading interest.

• RSI dropped into oversold territory, while MACD diverged from price, signaling potential reversal risk.

• Bollinger Bands expanded sharply during the sharp decline, reflecting increased uncertainty.

Animecoin/USDC (ANIMEUSDC) opened at $0.0131 on 2025-10-10 at 12:00 ET and closed at $0.00933 at the same time on 2025-10-11, with a high of $0.01315 and a low of $0.00435. The 24-hour volume reached 10.9 million USDC, while notional turnover was $136.4k. Price action has been highly volatile, driven by multiple bearish breakdowns and intraday range contractions.

Structure & Formations

Price formed several bearish patterns, including a bearish engulfing pattern at the start of the decline and multiple inside bars during the consolidation phase. A significant bearish divergence appears on the 15-minute chart, with price making higher highs while RSI fails to follow. A potential double-bottom structure is forming near $0.0092, with a critical test expected if buyers re-enter the market.

Moving Averages

On the 15-minute chart, the 20- and 50-period moving averages have remained in a strong downtrend since 2025-10-10 at 21:00 ET, confirming the bearish momentum. On the daily timeframe, the 50/100/200 EMA lines are aligned lower, suggesting continuation of the broader bearish bias.

MACD & RSI

MACD has turned negative and remains below the signal line, signaling bearish momentum. RSI has fallen below 30, entering oversold territory, though divergence between price and RSI suggests a potential countertrend bounce. MACD divergence, especially during the 23:00–3:00 ET window, may hint at a near-term bottom forming if buying pressure intensifies.

Bollinger Bands

Bollinger Bands saw significant expansion during the 21:00–23:00 ET breakdown phase, indicating a sharp increase in volatility. Price has since remained in the lower half of the bands, suggesting continued bearish bias. A contraction in the bands could precede a breakout or false break attempt.

Volume & Turnover

Volume spiked dramatically after 21:00 ET, with the largest 15-minute candle reaching 7.19 million USDC in turnover. This volume surge coincided with the sharp breakdown from $0.0127 to $0.00718. Notional turnover also surged during the night session, suggesting strong institutional or algorithmic participation.

Fibonacci Retracements

Key Fibonacci levels for the 21:00–3:00 ET swing include 38.2% at $0.0113 and 61.8% at $0.00995. Price has consolidated below the 61.8% retracement and is now testing the 50% level at $0.0092. A break below $0.0092 could target the next Fibonacci extension at $0.00873.

Backtest Hypothesis

Given the observed bearish divergence on the 15-minute RSI and the strong volume confirmation during the breakdown, a potential backtesting strategy could be based on a short bias on a close below the 61.8% Fibonacci level ($0.0092), with a stop above the 50-period moving average. A dynamic trailing stop could be used once price retests key support levels, aiming for a risk-to-reward ratio of 1:1.5 based on recent volatility patterns. This strategy could be validated using historical data from similar high-volatility, bearish breakdown scenarios in smaller-cap tokens.