Market Overview for Animecoin/USDC (ANIMEUSDC) – 2025-11-14

Summary
• Price declined from 0.0074 to 0.00685 over the 24-hour period, with significant bearish momentum after 20:00 ET.
• RSI indicates oversold conditions at 26.3, suggesting potential for a short-term bounce.
• Volatility expanded during the sharp sell-off, with Bollinger Bands widening significantly in the second half of the day.

Opening Narrative

Animecoin/USDC (ANIMEUSDC) opened at 0.0074 at 12:00 ET − 1 and reached a high of 0.0074 while hitting a low of 0.00685 before closing at 0.00685 at 12:00 ET. The 24-hour volume amounted to approximately 13.7 million USDC, with total turnover of around $96,500.

Structure & Formations

Price appears to have broken below a key support level near 0.0070–0.0071, triggering a larger bearish trend. A series of engulfing bearish candles emerged starting at 19:45 ET, followed by a doji at 01:00 ET indicating indecision. The low at 0.00685 may mark a potential short-term bottom, but it remains untested.

Moving Averages

On the 15-minute chart, price closed well below both the 20 and 50 SMA, reinforcing short-term bearish momentum. On a broader scale, the daily 50 SMA at 0.00715 and 100 SMA at 0.00723 offer near-term resistance. Price remains below the 200 SMA, indicating a bearish bias over the long term.

MACD & RSI

MACD turned negative and the histogram is in bearish territory, with a crossover confirming the downward move. RSI hit 26.3—deep oversold territory—suggesting a possible short-term bounce may be in the offing, though without a strong reversal pattern, a rebound may be limited.

Bollinger Bands

Bollinger Bands contracted tightly between 19:30–20:00 ET, indicating low volatility, before a sharp break below the lower band occurred at 20:00 ET. Price remains outside the band floor at 0.00674, suggesting high volatility continues and a test of the 0.00674 level is likely in the near term.

Volume & Turnover

Volume spiked sharply during the sell-off between 19:45–20:00 ET and remained elevated until 02:00 ET. Notional turnover mirrored this, confirming the price action. However, the recent volume at 0.00685 has been relatively low, indicating a lack of conviction in the current support level.

Fibonacci Retracements

On the 15-minute chart, the 0.00695–0.00705 area represents a 61.8% retracement from the earlier 0.00715 high. Price appears to have found temporary resistance at this level before breaking down again. On the daily chart, the 38.2% retracement level near 0.00715 is currently acting as a key psychological level.

Backtest Hypothesis

A backtest strategy based on RSI oversold conditions (RSI < 30) and a closing price above the 20 SMA on a 15-minute chart could offer a short-term bounce setup. If ANIMEUSDC closes above 0.0070 for two consecutive candles, it may confirm a short-term reversal. A stop-loss below 0.00685 would be prudent to protect against further downside.