Skwovet - 222/198 Price
MARKET NOTE: SKWOVET - 222/198
Updated 2026-05-06
Skwovet 222/198 is consolidating after a sharp 30-day rally, posting a modest -0.4% weekly pullback despite +11.3% gains over the past month. The spec has climbed +31.0% from its recent trough of $4.80, currently sitting at $7.52, suggesting conviction holders are taking profits rather than panic selling. This shallow weekly correction after strong monthly upside typically signals accumulation pausing before the next leg, not capitulation. The real tell is the gap between the 30-day move (+11.3%) and the 7-day move (-0.4%): momentum buyers got their entry, and smart money is rotating dry powder. Watch whether this card respects $7.00 as support or breaks lower toward $6.50; a floor hold signals more upside runway, while a breakdown into the $5.50 range would suggest the run was overcooked. The Illustration Rare designation from Scarlet Violet Base keeps supply pressured, which should protect against deeper corrections.
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