Morty's Conviction - 211/162 Price
MARKET NOTE: MORTY'S CONVICTION - 211/162
Updated 2026-05-06
Morty's Conviction is cooling off after a sharp 30-day rally, with sellers taking profits off the table. The SIR holofoil peaked at $79.30 but has given back -2.0% to a current $77.73, signaling the early phase of a correction that follows the +31.9% run since the month opened. More tellingly, the recent -0.9% weekly decline mirrors what you see when a spec loses momentum: smart money exits, retail FOMO dries up, and the bid tightens. From trough to present, Morty's still up +47.9% over the past 23 days, which means anyone who caught the early move has real gains to lock in. The real question is whether this holds $77 as a base or rolls back toward mid-$60s where true demand reemerges. Watch the next two weeks for stabilization; if floor holds above $70, diamond hands can sleep easy.
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