Scovillain - 202/198 Price
MARKET NOTE: SCOVILLAIN - 202/198
Updated 2026-05-06
Scovillain 202/198 is in correction territory after a +36.0% sprint over 30 days, with sellers taking profits on the recent run. The spec cycle here is textbook: entry point at the $3.70 trough, quick move to $5.13 peak, and now consolidation at $5.28 where the -1.1% weekly dip suggests overhead resistance. What's telling is the +42.7% current-versus-trough spread sitting on top of the +36.0% monthly gain, meaning late buyers are holding modest bags while early movers cashed. Illustration Rares from Scarlet Violet Base remain scarce, but the -1.1% weekly action indicates demand softening after the initial chase cooled. The 23-day sample is tight enough that broader volatility patterns haven't fully materialized yet. Watch whether this holds above $5.00 or rolls back toward $4.50; a breakdown below $4.70 would signal the spec cycle peaked and diamond hands should prepare for a longer accumulation phase before the next catalyst.
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