Onix Price
MARKET NOTE: ONIX
Updated 2026-05-06
Onix is accelerating off its recent lows with sustained momentum that suggests real demand entering the spec. The $1.23 trough to current $1.79 represents a +45.5% move in under three weeks, while the 7-day spike of +43.9% captures most of the upside, indicating the move happened fast and compressed. The 30-day read of +0.6% confirms this card was flat for most of the month before the recent rip, which tracks as fresh money chasing the Scarlet Violet 151 set or a specific SV151 narrative that broke. Current price sits just +1.1% from the $1.77 peak, meaning there's almost zero breathing room between the entry and the local top. The risk here is bag holders getting trapped if this correction pulls back to the $1.40s. Watch whether NM liquidity dries up on the next 5% pullback. If the spec holds above $1.60 over the next week, you've got a real floor forming.
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