Market Overview: Animecoin/USDC (ANIMEUSDC) 24-Hour Summary

Summary
• Price action formed a bullish engulfing pattern near $0.00642 after a consolidation phase.
• RSI signaled oversold conditions during the early hours, followed by a moderate recovery.
• Volatility expanded after 19:00 ET with increased volume, confirming a breakout attempt.
• Bollinger Bands showed a contraction early, followed by a price expansion above the upper band.
• Turnover surged to $82,936.1 at 00:15 ET as buying pressure intensified.

Market Overview

Animecoin/USDC (ANIMEUSDC) opened at $0.00645 on 2025-12-11 at 12:00 ET, reached a high of $0.0066, a low of $0.00642, and closed at $0.00658 on 2025-12-12 at 12:00 ET. Total 24-hour volume was 556,678.0, while notional turnover reached $3,590.9.

Structure & Formations

Price action showed consolidation between $0.00645 and $0.00648 until a bullish engulfing pattern formed at $0.00642, suggesting a short-term reversal. A 5-minute Fibonacci retracement from the $0.00642 to $0.00658 swing identified 61.8% at $0.00652 as a key support level. The price tested this level twice before breaking through, signaling potential strength.

Momentum and Indicators

RSI bottomed at 28 during the early hours, indicating oversold conditions before a moderate recovery into the 45–55 range. MACD lines crossed into positive territory during the late trading session, suggesting increasing momentum.

Volatility and Volume

Bollinger Bands experienced a tight contraction at the start of the period before expanding after 19:00 ET, coinciding with the price breaking out. Volume surged to 95,391.1 at 19:00 ET and again to 82,936.1 at 00:15 ET, confirming the bullish breakout. Notional turnover spiked alongside these volume surges, showing aligned price and volume action.

Looking ahead, the 24-hour consolidation and breakout suggest that buyers are in control near $0.00658. A retest of the $0.00656 support may offer a short-term entry for bulls. However, a drop below $0.00652 could signal renewed bearish momentum, so traders should monitor this level closely.