Market Overview for Animecoin/USDC (ANIMEUSDC)

Summary
• Price declined from $0.00609 to $0.00571 on strong bearish momentum and increasing volume.
• A key 5-minute bearish engulfing pattern formed at $0.00601–$0.00598, confirming downward bias.
• Volatility expanded during the session with a low at $0.00571, suggesting a potential short-term oversold condition near $0.00570.
• RSI and MACD both turned bearish, with RSI approaching oversold territory by close.

Animecoin/USDC (ANIMEUSDC) opened at $0.00609 on 2025-12-15 12:00 ET, reached a high of $0.00609, a low of $0.00571, and closed at $0.00571 at 2025-12-16 12:00 ET. Total volume was 1.87 million units, with $10,655 in turnover over the 24-hour period.

Price Structure & Key Levels

Price action saw a clear breakdown from $0.00601–$0.00598, where a bearish engulfing pattern emerged, signaling a shift in momentum. A strong support level formed at $0.00593–$0.00595, which was later broken. The 20-period and 50-period SMAs on the 5-minute chart both turned lower, reinforcing the bearish bias. On the daily chart, the 50-period SMA may act as a near-term resistance if price recovers.

Momentum and Volatility

The RSI fell from mid-50s to mid-30s, indicating weakening bullish pressure and potential oversold conditions. MACD turned negative with a bearish crossover, confirming the downtrend. Volatility expanded after 19:00 ET, with Bollinger Bands widening as price fell toward the lower band. The move to $0.00571 brought price near the 61.8% Fibonacci level of the $0.00595–$0.00609 swing, suggesting a possible bounce point.

Volume and Turnover Analysis

Volume surged between 19:15 ET and 21:00 ET, with a major sell-off in the $0.0059–$0.00595 range. Notional turnover increased in line with the price decline, indicating participation by sellers. A divergence in turnover occurred after 00:45 ET, with declining volume despite continued price lows, suggesting some exhaustion in the bearish move.

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Forward-Looking View and Risk Note

Price appears to have found a near-term floor around $0.00570–$0.00575, which could trigger a bounce or consolidation. However, a retest of this level with higher volume could confirm its strength. Investors should monitor the 50-period SMA on the daily chart and watch for a reversal candlestick near $0.00570, as a break below this could signal further downside.