ANIME | Cup & Handle Pattern

ANIME shows a classic cup and handle pattern, which is a bullish continuation signal. After a prolonged downtrend, the price formed a rounded bottom, indicating accumulation and a gradual shift from sellers to buyers. The handle portion appears to be forming as a slight consolidation or pullback, which is typical before a breakout. The projected breakout targets are shown at approximately $0.06000 (92.55% potential gain from the breakout level) and $0.08875 (186% potential gain), suggesting strong bullish momentum if resistance levels are breached. The volume profile supports this pattern, as volume has gradually increased during the right side of the cup, hinting at growing buyer interest. Key resistance lies at the $0.06000 and $0.08875 levels, while support remains near the breakout area of $0.03300. Overall, the setup favors bullish continuation if the breakout is confirmed with strong volume.