Market Overview for Animecoin/USDC on 2025-11-11

• Animecoin/USDC traded in a narrow range but saw a late rally before closing higher.
• Volume surged after 23:30 ET, coinciding with a 0.8% price rebound.
• RSI remains neutral but may hint at potential overbought conditions ahead.

Animecoin/USDC (ANIMEUSDC) opened at $0.00792 on 2025-11-10 at 12:00 ET and closed at $0.00811 on 2025-11-11 at 12:00 ET. The pair reached a high of $0.00833 and a low of $0.00775 during the 24-hour period. Total traded volume amounted to 1,668,503.6 units, while notional turnover totaled approximately $13,404.41 (using close price as reference).

The 24-hour price action displayed a consolidation pattern followed by a late surge driven by heavy volume. A key breakout occurred after 23:30 ET, when price pushed above $0.008, supported by a sharp increase in trading activity. This appears to indicate renewed bullish momentum, though confirmation via follow-through volume is pending.

Structure & Formations

A key support level emerged at $0.00782 after price tested the area multiple times. Price later formed a bullish harami pattern near $0.00791 before reversing higher, suggesting short-term buyers entered. Resistance solidified at $0.00811 and $0.00825, with the latter being a recent high.

Bollinger Bands tightened around $0.008 between 23:00 and 00:00 ET before expanding with the rally, signaling a breakout in line with increased volatility.

Moving Averages & Momentum

On the 15-minute chart, the 20-period MA crossed above the 50-period MA just before the late rally, a bullish sign. The 50-period MA is also turning higher, suggesting the pair is leaving a bearish bias.

RSI (14-period) remains in the mid-50s, indicating neutral momentum but with a rising slope. A close above 60 may signal the start of overbought conditions, while a drop below 40 could suggest further consolidation.

MACD showed divergence before the breakout, with the histogram expanding after 23:00 ET, confirming the bullish reversal.

Volume & Turnover

Volume remained muted during the early part of the day but spiked sharply after 23:30 ET as price pushed above $0.008, confirming the breakout. Notional turnover also increased, reinforcing that the move was backed by liquidity. However, a price-volume divergence occurred around 05:00–06:00 ET, where price fell but volume did not confirm the move.

Fibonacci retracement levels from the 05:00 ET swing low to the 08:45 ET high show that the 0.618 level at $0.00803 was tested twice before price resumed its climb, suggesting short-term buyers were active in that zone.

Backtest Hypothesis

A potential backtest could be built around a breakout strategy that identifies price surges above key Bollinger Bands and RSI divergence. For example, a long entry could be triggered when RSI crosses above 60, supported by a close above the upper Bollinger Band. A stop-loss could be placed just below the 0.618 Fibonacci retracement of the most recent bullish move, while a profit target might be set at 1.618 of the same swing. This strategy would align with the current market action and the indicators discussed.