Dawn - 118/094 Price
MARKET NOTE: DAWN - 118/094
Updated 2026-05-06
Dawn 118/094 is in a slow, sustained decline with no floor in sight. The card peaked at $8.93 and has surrendered -22.6% since, now sitting at $6.91 as of the latest read. Over the past month alone it's bled -6.6%, and the seven-day momentum at -4.5% suggests the selloff isn't decelerating. The recent trough of $7.29 offered no meaningful support, with current price already -5.2% below that level. This steady erosion across every timeframe indicates weak holding conviction and likely bag-building among early entry holders. Demand is insufficient to absorb supply, and there's no visible catalyst in the data to reverse the trajectory. Watch whether the card can stabilize above $6.50 in the next two weeks; failure to hold that level would signal a deeper correction is warranted and could accelerate further downside.
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