Market Overview for Animecoin/USDC (ANIMEUSDC) – 2025-09-25

• Price opened at $0.0151 and closed at $0.0142, with a low of $0.01385 and high of $0.0153.
• Momentum weakened after an early rally, with RSI and MACD signaling potential exhaustion.
• Volatility increased mid-day, but declining turnover suggests reduced conviction in price moves.
• A bearish engulfing pattern formed near resistance, increasing the likelihood of a pullback.
• Bollinger Bands show expanding volatility, with price closing near the lower band on 15-minute charts.

The Animecoin/USDC (ANIMEUSDC) pair opened at $0.0151 on 2025-09-24 at 12:00 ET and closed at $0.0142 on 2025-09-25 at the same time. The 24-hour range reached a high of $0.0153 and a low of $0.01385, with a total volume of 1,025,725.6 units and a notional turnover of $15.49 million. The price action shows a bearish trend, with several bearish reversal patterns forming throughout the session.

Structure & Formations

Price action over the last 24 hours revealed a significant bearish reversal at the $0.0153 resistance level. A large bearish engulfing pattern formed at this level, suggesting strong distribution by short-term holders. Additionally, a doji candle emerged at $0.0151, signaling indecision in the market. The price then broke below the key support level at $0.0148 and tested a lower support at $0.0144. The bearish trend could continue if the price closes below the next support at $0.0140.

Moving Averages

On the 15-minute chart, the price closed below both the 20-EMA and 50-EMA, indicating a stronger bearish bias. The 50-EMA is at $0.0146 and is acting as dynamic resistance, while the 20-EMA is currently at $0.0144. On a longer scale, the 200-day SMA (not shown) has been acting as a strong bearish trendline, suggesting that the downward trajectory may continue into the next 24 hours.

MACD & RSI

The MACD crossed below the zero line and the signal line, confirming a bearish momentum shift. The RSI has fallen below 40, entering a weak range and signaling a potential continuation of the bearish move. However, the RSI did not reach oversold territory, suggesting that further downward pressure could still materialize if volume remains consistent with current levels.

Bollinger Bands

Bollinger Bands have shown a recent expansion, with price closing near the lower band on the 15-minute chart at $0.0142. This suggests a period of increasing volatility and potential short-term oversold conditions. However, given the bearish momentum, the price may continue to trade near the lower band for the next few hours before testing for a possible bounce or continuation of the trend.

Volume & Turnover

The highest notional turnover was recorded at $0.01518, with a volume of 488,046.4 units. This was followed by a sharp decline in activity, with no significant buying pressure emerging after the price dipped below $0.0148. The divergence between volume and price—especially during the late-night hours—suggests weakening conviction in the bearish move. However, the recent large volumes at lower prices may indicate accumulation by long-term buyers or early signs of capitulation.

Fibonacci Retracements

Applying Fibonacci retracements to the $0.01385–$0.0153 swing, key levels include $0.0145 (38.2%), $0.0143 (50%), and $0.0141 (61.8%). The price currently appears to be consolidating near the 50% level at $0.0143, which is a critical area for near-term direction. A break below the 61.8% level would suggest a deeper correction toward $0.0140 or even $0.0135 if the bearish trend persists.

Backtest Hypothesis

The identified bearish reversal patterns and Fibonacci levels align with a backtesting strategy that targets a 61.8% retracement as a potential entry point for short positions. This approach would involve entering a short trade as the price breaks below $0.0141 with a stop-loss placed above the 50% retracement level at $0.0143. A take-profit would be set near $0.0135. Given the RSI divergence and MACD bearish cross, the current conditions support the validity of this strategy, though volume trends may require tighter position sizing to manage risk.