Market Overview for Animecoin/USDC (ANIMEUSDC) – 2025-10-12

• Animecoin/USDC traded lower over 24 hours, with price action trending from 0.0093 to 0.00924 before a late recovery.
• Volume surged during key price declines and rebounds, particularly post-21:00 ET, indicating heightened activity during swings.
• A bearish reversal pattern emerged during the early drop, followed by a bullish engulfing pattern in the recovery phase.
• RSI remained in oversold territory for much of the session, hinting at potential for a rebound, though momentum remains mixed.
• Volatility expanded during the 21:00–23:45 ET window, with Bollinger Bands widening as price tested key psychological levels.

Animecoin/USDC (ANIMEUSDC) opened at 0.0093 on October 11 at 12:00 ET and reached a 24-hour high of 0.00935 before closing at 0.00924 by 12:00 ET on October 12. Total volume amounted to 1,782,864.0 units, with notional turnover reaching approximately $1,643.56 (based on average USDC value). The pair displayed a complex bearish-to-bullish reversal narrative over the past day.

Structure & Formations

The candlestick structure of Animecoin/USDC showed a clear bearish breakdown from the initial support at 0.0093 into 0.00902 by 19:45 ET. A hammer-like formation formed at 21:00 ET, followed by a bullish engulfing pattern between 23:30 ET and 00:00 ET on October 12, signaling a potential short-term reversal. The price action retested the key 0.00910–0.00915 level multiple times, forming a consolidation range with a potential breakout to the upside after 06:00 ET. A doji at 04:00 ET highlighted indecision, while a strong bullish pinbar emerged at 06:30 ET as price broke the 0.00916 level.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed multiple times during the late evening and early morning, indicating a volatile and shifting trend. By the morning, the 20 EMA moved above the 50 EMA, hinting at a potential bullish bias. On the daily chart, the 50-period MA is above the 100 and 200-period MAs, suggesting a longer-term bearish trend but with short-term bullish divergence.

MACD & RSI

The MACD remained in positive territory during the morning hours, confirming the bullish momentum as price retested the 0.00920 level. RSI hovered near the 30–40 range for most of the day, indicating oversold conditions, before surging past 50 during the 05:00–08:00 ET window. This suggests strong buying pressure after the initial sell-off, though a bearish divergence between price and RSI at 15:00 ET should be closely watched for potential reversal signals.

Bollinger Bands

Volatility expanded significantly from 21:00 to 00:00 ET, with Bollinger Bands widening as price dropped to the lower band at 0.00902. Following the recovery, price moved into the upper half of the bands, closing near the middle band at 0.00924. A narrowing band at 04:00 ET implied a potential breakout, and the subsequent move to the upper band confirmed the bullish shift in momentum.

Volume & Turnover

Volume spiked during the bearish leg (21:00–23:45 ET) and again during the bullish recovery (00:00–03:00 ET), suggesting strong conviction from market participants. The highest single-candle volume of 114,624.2 occurred at 22:45 ET, coinciding with the 0.00906 close. Notional turnover aligned with price action, confirming the volume-driven nature of the price swings, especially in the post-midnight rebound phase.

Fibonacci Retracements

A key 61.8% Fibonacci retracement level at 0.00912 was tested three times during the late night and early morning. Price found support at 38.2% (0.00907) before rebounding, indicating a possible continuation of the bullish trend. The 0.00930 level marked the 100% retracement of the initial decline, serving as a potential resistance area for the coming day.

Backtest Hypothesis

The backtest strategy outlined focuses on capturing short-term countertrend bounces using a combination of RSI, volume spikes, and Bollinger Band crossovers. A potential entry would be triggered when RSI dips below 30 and volume surges, coupled with a retest of the lower Bollinger Band. The recent 0.00902 low and 0.00916 rebound align with this setup, suggesting a viable entry window existed around 00:30–01:30 ET. A stop-loss could be placed below the 0.00902 level, with a target near the 0.00916–0.00920 range. This approach appears to have captured the morning bounce effectively and could be considered for similar setups in the near term.