Fangorn, Tree Shepherd (Borderless) Price
MARKET NOTE: FANGORN, TREE SHEPHERD (BORDERLESS)
Updated 2026-05-07
Fangorn is bouncing off support after a sharp correction from its $1.18 peak. The foil borderless rare hit bottom at $1.00 twenty-seven days ago and has since climbed +1.0%, now sitting at $1.01, which suggests real accumulation rather than exhaustion. The 7-day momentum is positive at +2.0% despite a soft 30-day read of -1.9%, indicating the selling pressure that defined the recent past has finally dried up. At -14.4% below peak, this card remains in drawdown territory, but the floor hold and micro-recovery signal that spec risk has been largely absorbed. Lord of the Rings foil rares remain illiquid relative to Standard staples, which means smaller buy volume can move price meaningfully. Watch whether this card can reclaim $1.10 in the next two weeks; failure to break above the recent peak would suggest weakness, while a clean move north of $1.18 could trigger fresh demand from longer-term holders who got shaken out.
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