Furret - 168/159 Price
MARKET NOTE: FURRET - 168/159
Updated 2026-05-06
Furret 168/159 is bouncing hard off support after a sharp correction, signaling potential entry conditions for specs holding dry powder. The NM floor sits at $8.49, up +9.7% over the last week despite a -8.8% stumble across the prior month, which suggests the trough at $5.43 may have marked capitulation. Current price trades +56.4% above that low and +8.4% above the recent peak of $7.83, indicating buyers are stepping in above resistance rather than chasing dips. The 23-day recovery from $5.43 to $8.49 shows real accumulation velocity in a mid-tier illustration rare that's avoided a total washout. Watch whether this holds the $8 area or if volume dries up on the next relief rally; a sustained move above the $7.83 peak would suggest the correction is finished and spot supply is genuinely tight. Illustration rares from Journey Together have chase appeal, so demand drivers likely remain intact if the market stabilizes.
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