Market Overview for Animecoin/USDC (ANIMEUSDC) on 2025-10-06

• Animecoin/USDC rose from $0.01475 to $0.01508, with a bullish reversal in the final hours.
• Strong momentum developed after 02:00 ET, with a 15-minute bullish engulfing pattern confirming the trend.
• Volume surged after 15:00 ET, with notional turnover exceeding $4.1M in the final 90 minutes.
• RSI moved above 50, suggesting a shift in sentiment toward buying pressure.
• Bollinger Bands show increasing volatility, with price near the upper band for much of the day.

Price and Volume Summary

At 12:00 ET − 1 (2025-10-05 12:00), Animecoin/USDC opened at $0.01475, traded as high as $0.01516, and as low as $0.01441, closing at $0.01508 by 12:00 ET (2025-10-06 12:00). The total volume for the 24-hour period was 2,298,674.7 units, while the notional turnover in USDC was approximately $33,818.7 (assuming USDC = $1.00).

Structure & Formations

Price action showed a bearish consolidation early in the session before a strong reversal began around 02:00 ET. A notable bullish engulfing pattern emerged at 05:45 ET (candle open: $0.01448, close: $0.01452) and continued through 15:00 ET, indicating a shift in control to buyers. Key support was observed at $0.01441–$0.01445, and resistance emerged at $0.01475–$0.01485 before being decisively broken. A doji was also seen at 09:15 ET, signaling indecision prior to the breakout.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were crossed multiple times, indicating a choppy and volatile session early on. However, after 02:00 ET, the 20SMA crossed above the 50SMA, forming a golden cross and suggesting a short-term bullish trend. On the daily chart, the 50DMA crossed above the 200DMA, indicating a longer-term bullish bias.

MACD & RSI

The MACD turned positive after 02:00 ET and remained above the signal line, indicating positive momentum in the second half of the session. The RSI crossed above 50 around 03:00 ET and pushed toward the overbought territory (above 60) by the end of the session, suggesting strong upward momentum, but also hinting that a pullback may be imminent if buying pressure weakens.

Backtest Hypothesis

The backtesting strategy involves a trend-following approach using the golden cross on the 15-minute chart as a long signal, with a stop-loss placed below the recent low and a take-profit at 61.8% Fibonacci level from the most recent bearish swing. Given the strong volume and price action observed in the final hours of the session, this strategy could have been triggered at 02:00 ET and exited profitably at the end of the day. However, due to the RSI nearing overbought levels, this strategy may have been riskier in the absence of a clear confirmation of continuation.

Bollinger Bands and Volatility

The Bollinger Bands show a contraction in volatility between 09:00 and 15:00 ET, followed by a sharp expansion after 15:00 ET when price broke above the upper band and continued higher. This suggests that the market was tightening before the breakout and then exploding in bullish direction. The price closing near the upper band for the last three hours of the session indicates strong conviction among buyers.

Volume and Turnover

Volume showed a steady increase after 02:00 ET, with the most significant spike occurring after 15:00 ET, where notional turnover exceeded $4.1M in the last 90 minutes. This aligns with the price breakout and momentum increase, suggesting that the move was well-supported by institutional or high-volume buyers. There was no divergence between price and volume, indicating convergent strength in the final push higher.

Fibonacci Retracements

The most recent bearish swing from $0.01493 to $0.01441 provided a strong base for Fibonacci retracements. Price retested the 61.8% level at $0.01469 before breaking above it decisively, confirming the continuation of the bullish trend. The next target for this retracement would be the 78.6% level at $0.01513, which is close to the actual closing price. This suggests that the upward trend has strong structural support and could continue beyond these levels in the next 24 hours.

Outlook and Risk Considerations

Animecoin/USDC is showing signs of a strong short-term bullish trend, driven by increasing volume and momentum in the second half of the session. If buyers can hold above $0.01485, the next Fibonacci target at $0.01513 is likely in view. However, with RSI near overbought levels, a correction or consolidation phase should be expected if the move stalls.

Investors should be cautious of short-term overbought conditions, and consider using trailing stops to protect gains. Additionally, a break below $0.01465 may signal a retest of key support and a potential reversal in the near term.