Market Overview for Animecoin/USDC (ANIMEUSDC) on 2025-09-14

• Price fell sharply from 0.01681 to 0.01619, closing at 0.01619 after 12 hours of sustained bearish pressure.
• Volatility expanded as low-volume retracements failed to trigger buying interest.
• A key support at 0.01609 held early but broke in the final 15-minute candle.
• The RSI approached oversold levels late in the session, indicating potential reversal signals.
• A large-volume sell-off at 0.01628 marked a pivotal breakdown level, confirming bearish control.

Price and Volume Summary

At 12:00 ET on 2025-09-13, Animecoin/USDC (ANIMEUSDC) opened at 0.01681, with a high of 0.01681, a low of 0.01619, and closed at 0.01619 by 12:00 ET on 2025-09-14. The 24-hour volume totaled 6,281,043.5 USDC, and notional turnover reached $101,118.83. The session was marked by a significant bearish shift, with price falling more than 0.4% from open to close.

Structure & Formations

Price action over the 24-hour period displayed a strong bearish trend, with key support levels at 0.01663 and 0.01648 failing to hold under sustained selling pressure. A notable bearish engulfing pattern formed around 19:30 ET as price dropped from 0.01666 to 0.01662, signaling a short-term reversal in bullish momentum. A doji formed at 20:15 ET, indicating indecision but failed to trigger a reversal. A final breakdown occurred at 0.01609, a critical psychological level, which confirmed a new bearish phase.

MACD & RSI

The MACD crossed below the signal line early in the session, confirming bearish momentum. The RSI dropped into oversold territory by the final hour, reaching levels below 30, suggesting a potential short-term bounce. However, this bounce did not reverse the bearish trend, as volume remained low, indicating weak conviction in the rebound. The RSI divergence suggested exhaustion among short-term bears, but the lack of follow-through buying left the bearish bias intact.

Bollinger Bands

Price remained well below the 20-period Bollinger Band midpoint for the majority of the session, indicating a strong downward drift. A sharp volatility expansion occurred in the 19:30–21:00 window, coinciding with the breakdown at 0.01648. The final 30 minutes of the session saw price approaching the lower Bollinger band, confirming increased bearish pressure and exhaustion in the upward retracements.

Volume & Turnover

Volume spiked sharply at 19:30 ET with a large-volume sell-off at 0.01628 and again at 12:45 ET as price broke the 0.01609 support. Turnover was uneven throughout the session, with a large notional turnover of $101,118.83 concentrated in the final three hours. Divergence between high turnover and limited price movement suggested increased selling pressure and lack of buyers at lower levels.

Fibonacci Retracements

A key bearish Fibonacci level at 0.01648 acted as resistance before giving way. The 61.8% retracement from the 0.01681–0.01619 swing sat at 0.01629, which was broken in the final hour. This level failed to provide sufficient support, reinforcing bearish control. On the daily chart, the 50% retracement at 0.0165 could be a potential target for a short-term bounce if buyers return.

Backtest Hypothesis

The backtesting strategy described focuses on identifying key Fibonacci retracement levels and Bollinger Band breakouts as entry triggers. Given the current price action, a testable hypothesis would involve entering short positions on a break below 0.01609, with a stop above 0.01623 and a target at 0.01585 (61.8% of the 24-hour swing). A long bias could be tested on a close above 0.01623 with a stop below 0.01611. The RSI’s oversold condition may indicate a small window for a short-term bounce, though volume suggests this is unlikely to reverse the bearish trend. The strategy would aim to capture directional moves following key support/resistance levels and volatility expansions seen in the Bollinger Bands framework.