Morpeko V-Union - SWSH289 Price
MARKET NOTE: MORPEKO V-UNION - SWSH289
Updated 2026-05-06
Morpeko V-Union is cooling off after a sharp 30-day run, down -12.4% in the last week as holders take profits near the $2.02 peak. The move fits classic relief behavior following a +36.2% monthly surge that moved the floor from $1.34 to the current $1.88, leaving the card up +40.3% from trough in just under a month. This is profit-taking, not capitulation: the card hasn't cratered below support and sits only -6.9% from its high, suggesting conviction underneath the weekly pullback. The real question is whether $1.88 holds as the new entry point or if the SWSH promo continues grinding lower into the mid-$1.60s. Watch for stabilization in the next 7-10 days, particularly whether NM liquidity dries up at current levels or buyers emerge on dips. If the card builds a higher low around $1.70+, you've got a healthier correction; if it drops through $1.60, the spec thesis is weakening.
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