Mela Price
MARKET NOTE: MELA
Updated 2026-05-07
Mela is grinding lower on steady sell pressure with no floor in sight. The 7-day decline of -9.9% compounds into a -15.7% slide over 30 days, and she's already down -13.1% from her $0.99 peak just 26 days ago. Current NM sits at $0.86, though the trough at $0.70 suggests some realized support exists, giving her a +22.9% buffer before capitulation. The speed matters here: losing 13 cents in under a month signals either post-release correction fatigue or sustained demand erosion for this Ultra Rare out of Prismatic Evolutions. Without a 30-to-90 day comparison, it's unclear if this is typical spec unwind or a deeper liquidity crisis. Watch whether the next 7 days stabilize above $0.80 or break toward that $0.70 floor; a retest of trough with no bounce would confirm bags are being distributed, not accumulated.
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