Market Overview: Animecoin/USDC (ANIMEUSDC) – 24-Hour Price Surge and Momentum Divergence

• Animecoin/USDC surged to 0.01653 at 16:00 ET, up from 0.01559 at 12:00 ET.
• Strong bullish momentum seen midday, with a 6.1% increase observed.
• Volatility expanded in the last 12 hours, with a high volume spike of $1.645 million at 15:45 ET.
• RSI briefly entered overbought territory late afternoon, indicating potential near-term reversal.
• Price held above key Fibonacci 50% level (0.01576) and tested the 0.01642 Bollinger Band ceiling.

15-Minute Price Action and Open/Close

Animecoin/USDC (ANIMEUSDC) opened at 0.01559 on 2025-09-17 at 12:00 ET and closed at 0.01653 on 2025-09-18 at 12:00 ET. During the 24-hour period, the pair reached a high of 0.01653 and a low of 0.01546. Total volume amounted to 3,166,062.5 ANIME, while notional turnover hit $50,946.65. The price action showed strong accumulation in the afternoon, followed by consolidation in the evening.

Structure & Formations

Key support levels appear at 0.01623 and 0.01590, with resistance forming around 0.01642 and 0.01652. A bullish engulfing pattern formed at 19:15 ET, followed by a high-volume confirmation candle at 20:15 ET. A doji at 16:30 ET indicated indecision after a sharp rise.

Moving Averages and Momentum

On the 15-minute chart, price closed above both 20-EMA (0.01638) and 50-EMA (0.01634), suggesting short-term bullish bias. On the daily chart, the 50-EMA (not available due to lack of daily data in input) would be the critical support, while the 200-EMA (not provided) would act as a long-term floor. The MACD histogram showed a positive divergence midday, confirming bullish momentum. RSI reached 67.4 at 16:45 ET, nearing overbought conditions, which may hint at a short-term pullback.

Volatility and Bollinger Bands

Price traded within a moderate expansion of Bollinger Bands in the morning and reached the upper band (0.01642) in the afternoon. The band width (not provided) would have indicated increased volatility. Price stayed within the bands for most of the day, with a brief test of the ceiling at 16:45 ET. A retest of the lower band (0.0162) appears likely if consolidation sets in.

Fibonacci Retracements

Applying Fibonacci retracement to the key swing from 0.01546 to 0.01653, the 50% (0.01599) level was comfortably cleared, while the 61.8% level is at 0.01604, offering a potential near-term target. Price has tested the 78.6% level (0.01635) several times, with a possible retest expected if the current bullish trend holds.

Backtest Hypothesis

Given the recent strong 15-minute breakout pattern and the confirmation via engulfing and high-volume candles, a potential backtest strategy could focus on short-term bullish entries at Fibonacci 50% and 61.8% levels, with a stop-loss placed just below the 50-EMA (0.01634). A take-profit could be set at the 78.6% level (0.01635) or the upper Bollinger Band (0.01642). This strategy would aim to capture short-term momentum while avoiding overbought RSI conditions.

Outlook and Risk

Looking ahead, Animecoin/USDC could test 0.01652 resistance if momentum remains intact. A breakdown below 0.01623 support would signal a short-term correction. Traders should watch for divergence in RSI and volume during the next 24 hours to confirm the strength of the trend. As always, volatility and volume spikes may increase the risk of whipsaw moves, especially during key news or market hours.