Dragonite Price
MARKET NOTE: DRAGONITE
Updated 2026-05-06
Dragonite RH is in a classic profit-taking pullback after a +31.5% run over 30 days. Currently trading at $2.99, the spec has already given back -1.6% in the last week and sits -14.3% from its $3.49 peak, suggesting early holders are taking chips off the table. The deeper read comes from the 21-day range: this card bottomed at $1.72 and has now climbed +73.8% from that floor, meaning the move has real conviction behind it despite the recent retreat. A -1.6% weekly dip after that kind of upside is noise, not capitulation. The risk is whether $2.99 holds as a new floor or rolls back toward the $2.20 area; watch for renewed buying pressure if the correction stabilizes here. If demand resurfaces and pushes back above $3.20, the entry-point thesis remains live. Monitor liquidity depth at the current level to gauge holder resolve.
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