Banette ex - 229/198 Price

Updated 2026-05-07

Banette ex 229/198 is in a sustained downtrend with no signs of stabilization. The spec has bled -9.8% over seven days and -8.6% over thirty days, sitting at $1.48 NM and down -14.0% from its $1.72 peak. The trough of $1.36 provides a floor only +8.8% below current levels, suggesting limited cushion if selling pressure resumes. This isn't a sharp correction but a slow drain of bid support across multiple timeframes, which typically indicates weakening demand relative to available supply. The card sits between its trough and peak with no recovery momentum, a position that favors bag holders over fresh entry points. Watch whether the next week holds above $1.36 or breaks it; sustained breach of the trough would signal the floor is mispriced and demand destruction is real, not temporary.