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Summary
• Price drifted lower from $0.0065 to $0.00644 on 5-minute data, forming bearish continuation patterns.
• RSI approached oversold territory, suggesting potential short-term buying interest.
• Volume surged near the $0.00643 level, reinforcing bearish momentum.
• Bollinger Bands narrowed midday, with price breaking below the 20-period SMA.
Animecoin/USDC (ANIMEUSDC) opened at $0.0065 at 12:00 ET−1, reached a high of $0.0065, a low of $0.00635, and closed at $0.00646 at 12:00 ET. Total volume over the 24-hour period was 1,539,446.1, with a notional turnover of $9,487.5 (USDC equivalent).
Price action showed a clear bearish bias throughout the day, with a key support forming around $0.00642–0.00643 as price found repeated buying interest. A long lower shadow at $0.00642–0.00641 indicated rejection near that level. A bearish engulfing pattern formed at 23:15 ET, followed by a continuation of selling pressure.
On the 5-minute chart, price closed below both the 20 and 50-period moving averages, confirming bearish momentum. The MACD turned negative, with a bearish crossover indicating potential for further downside.

Bollinger Bands showed a period of contraction midday, which was followed by a breakout to the downside. Price settled near the lower band, signaling heightened volatility and bearish sentiment. Volume spiked during the key selloff at $0.00643–0.00638, confirming the bearish move.
Price found support at the 61.8% Fibonacci retracement of the morning high–low swing, suggesting a potential floor for near-term price action. A test of $0.0064 could confirm if this level is resilient or if further breakdown is imminent.
Looking ahead, price may find temporary support at $0.00640–0.00642, but a break below could target $0.00635 or lower. Traders should remain cautious of the bearish momentum and watch for a potential reversal signal at key Fibonacci levels or a volume divergence.
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