Market Overview for Animecoin/USDC (ANIMEUSDC) on 2025-11-10

Summary
• Price surged from 0.00773 to 0.00843 before consolidating.
• High-volume spike at 0.00822 confirmed a bullish breakout.
• Volatility expanded in the midday, with 15-minute swings exceeding 50 bps.
• RSI briefly overbought, but momentum has since softened.
• Volume and turnover aligned with key price swings, no major divergence noted.

Animecoin/USDC (ANIMEUSDC) opened at 0.00773 on 2025-11-09 at 12:00 ET, surged to a high of 0.00843, and closed at 0.00801 as of 2025-11-10 at 12:00 ET. The 24-hour volume totaled 11,728,610.5 and turnover reached $93,890.64.

The 15-minute chart shows a sharp rally beginning around 18:45 ET as a large bullish candle confirmed a breakout above prior resistance at 0.00781. Price reached 0.00843 before consolidating around 0.00801, forming a small bearish divergence in the RSI. This suggests caution for further upside unless the 0.00843 high is retested and confirmed by volume. The 20-period and 50-period moving averages are in bullish alignment during the upswing, though the 50-period line has begun to flatten as the rally slows.

Volatility expanded significantly in the 24 hours, particularly around the 19:00–20:30 ET window, with Bollinger Bands widening to accommodate price swings of over 50 basis points. Price has since retreated to the lower band, indicating a potential pullback. A Bullish Engulfing pattern appeared at 18:45 ET and was followed by a strong upward move, which could signal an entry opportunity for short-term traders if supported by volume.

Fibonacci retracements from the 0.00773 low to the 0.00843 high show key levels at 0.00811 (38.2%) and 0.00806 (61.8%), both of which have acted as temporary support and resistance during pullbacks. Current price action is hovering near the 61.8% level, suggesting a potential turning point. While volume has largely confirmed price movements, a lack of follow-through above 0.00843 raises the risk of a correction in the near term.

Backtest Hypothesis

A backtest based on a 15-minute Bullish Engulfing pattern entry could provide valuable insight into the effectiveness of short-term momentum strategies in ANIMEUSDC. Given the observed behavior around the 18:45 ET pattern and the subsequent move to 0.00843, such a strategy may offer a high-risk, high-reward opportunity. However, the lack of intraday data tools currently limits the backtest to a 1-day approximation. If the 15-minute entry is approximated with a 1-day open-close trade, the hypothesis would evaluate whether the pattern reliably predicts a positive return within that time frame. This approach would also help quantify the trade’s win rate and average return, adjusting for volatility and market noise.