Market Overview for Animecoin/USDC on 2025-12-10

Summary
• Price tested key support near 0.00686–0.00687 before a modest rebound.
• Volume surged after 12:00 ET as price moved lower, suggesting potential capitulation.
• RSI approached oversold levels, hinting at a potential short-term bounce.

Animecoin/USDC (ANIMEUSDC) opened at 0.00706 on 2025-12-09 at 12:00 ET, peaked at 0.00711, and closed at 0.00672 as of 12:00 ET on 2025-12-10. The total 24-hour volume was approximately 2,607,823.8, and notional turnover was around 1,794.6 USDC.

Structure & Formations

Price broke below a prior support cluster at 0.00689–0.00690, confirming a bearish bias.

A potential hammer pattern emerged at 0.00681–0.00683, suggesting a possible short-term bottoming process. Key resistance remains at 0.00696–0.00702, with prior failures to hold above these levels reinforcing the bearish outlook.

Moving Averages

Short-term 20- and 50-period SMAs on the 5-minute chart crossed below price, reinforcing the downward trend. Daily 50-, 100-, and 200-period SMAs were not provided in the data, but a bearish bias appears consistent with the 5-minute dynamics.

MACD & RSI

MACD remained bearish with negative momentum and a narrowing histogram, while RSI approached oversold territory (near 30), hinting at potential short-term buying pressure. However, RSI divergence is not yet significant, suggesting caution in interpreting oversold as a reversal signal.

Bollinger Bands

Volatility expanded in the final hours, with price closing near the lower band at 0.00672. A period of consolidation earlier in the day suggested reduced conviction in bearish momentum, though recent volatility has accelerated downward movement.

Volume & Turnover

Volume spiked after 12:00 ET as price moved into the 0.00672–0.00676 range, suggesting increased selling pressure or capitulation. Turnover aligned with volume, with no significant price-volume divergence observed, indicating price action was confirmed by underlying liquidity.

Fibonacci Retracements

On the 5-minute chart, price reached the 61.8% retracement level from the 0.00702–0.00687 swing before failing to hold, reinforcing the bearish tone. On the daily timeframe, retracements were not provided in the data, but recent price action aligns with a continuation of the downward trend.

The price may test 0.00671–0.00673 as a near-term floor. A break below 0.00670 could invite further selling. Investors should remain cautious as momentum indicators suggest exhaustion, but structural support is yet to hold.