On the Hunt Price
MARKET NOTE: ON THE HUNT
Updated 2026-05-07
On the Hunt is bottoming after a sharp 30-day correction of -29.7%. The foil Epic from Spiritforged peaked at $1.13 but has since collapsed to a floor of $0.68, representing a -39.8% drawdown from highs. What's notable here is the stabilization signal: the card is now trading exactly at its trough, and the recent 7-day uptick of +2.6% suggests the sell-off may have exhausted its downside. This recovery momentum, though modest, indicates buyers are entering at the current entry point after the initial panic liquidation. The 30-day damage looks severe on paper, but the absence of further deterioration in the past week is the actionable read. Watch whether the card can hold above $0.65 and rebuild toward $0.85 over the next two weeks. Any retest below the current floor would signal the correction isn't finished; sustained hold above $0.70 validates the reversal thesis for diamond hands who caught the dip.
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