Market Overview for Animecoin/USDC on 2025-09-26

• Animecoin/USDC dipped below 0.0140 in early hours before stabilizing near 0.01395 by 12:00 ET.
• A large bearish candle at 0.01404–0.01392 signaled weak momentum and bearish pressure.
• Volume surged to 724,770.0 at 0.01396–0.01377, but failed to support a rebound.
• RSI near 30 indicates oversold conditions, but price has not responded with a strong reversal.
• Bollinger Bands show contraction late evening, suggesting a potential breakout ahead.

Price Overview and Key Levels

Animecoin/USDC opened at 0.01424 on 2025-09-25 at 12:00 ET, hit a 24-hour high of 0.01426, and a low of 0.01351 before closing at 0.01379 at 12:00 ET on 2025-09-26. Total traded volume was 3,899,702.8, with a notional turnover of $53,437.8 (based on USDC). The price appears to have found temporary support near 0.0136–0.0138 and resistance near 0.0139–0.0140.

Structure and Candlestick Formations

Several bearish patterns emerged over the past 24 hours. The candle at 0.01392–0.01378 formed a bearish engulfing pattern, signaling a shift in sentiment. A long bearish candle at 0.01404–0.01392 confirmed the weakness in the 0.0140–0.0141 level. A notable doji appeared at 0.01383–0.01383 around 02:15 ET, suggesting indecision. Key support levels appear to be at 0.0136–0.0138, while 0.0140–0.0141 serves as immediate resistance.

Technical Indicators: MACD, RSI, and Bollinger Bands

MACD crossed below the signal line early in the morning, indicating bearish momentum. RSI dropped to 30 around 02:00 ET, suggesting oversold conditions, but a strong rebound has not yet materialized. Bollinger Bands tightened significantly between 03:30 and 04:45 ET, pointing to a potential breakout. Price has hovered near the lower band most of the morning, indicating possible buying interest at the lower end of the range.

Volume and Turnover Dynamics

Volume spiked to 724,770.0 at 0.01396–0.01377, aligning with a sharp drop in price. However, subsequent volume has been relatively lower, suggesting exhaustion in the bearish move. Notional turnover followed volume closely but showed a slight divergence in the last hour, indicating some short-term uncertainty. A higher volume on a rebound could confirm a reversal from the 0.0136–0.0138 support level.

Fibonacci Retracements

Fibonacci levels from the major 0.01426 high to 0.01351 low show that the current price is near the 50% retracement level of 0.01388. The 61.8% level lies at 0.01375, and if price continues to consolidate, this level could serve as a critical support. The 38.2% retracement level is at 0.01405, which has already been tested and breached, reinforcing bearish sentiment.

Moving Averages

On the 15-minute chart, price closed below both the 20-period (0.01383) and 50-period (0.01391) moving averages, reinforcing a bearish bias. Daily moving averages show that the 50-day is at 0.01393, the 100-day at 0.01402, and the 200-day at 0.01411. Price remains below all of them, which could indicate further downward pressure in the near term.

Backtest Hypothesis

A potential backtesting strategy could involve entering a long position on a close above the 50-period moving average on the 15-minute chart, combined with a RSI crossover above 30. A stop-loss could be placed at the 61.8% Fibonacci level (0.01375) to manage risk. A target would be the 38.2% retracement level (0.01405). This hypothesis aligns with the recent bearish pressure and the oversold RSI, providing a data-driven setup to test for a potential short-term reversal.