Ornn - Blacksmith Price
MARKET NOTE: ORNN - BLACKSMITH
Updated 2026-05-07
Ornn Blacksmith is in active washout territory after bleeding -40.1% from its $1.42 peak. The last week accelerated the damage with a -13.6% drop, signaling sellers capitulating ahead of what looks like genuine floor discovery around $0.75. The card bounced +13.3% from trough but hasn't held momentum, suggesting weak conviction in the bounce and continued supply pressure. Over thirty days the card lost -6.1%, which understates the violence of recent action. The foil Epic from Spiritbound's 058 slot appears over-spec'd relative to current demand, and the sharp recent move hints that bag holders are finally cutting losses rather than averaging. Watch whether $0.75 holds as actual support or breaks lower; if the card stabilizes here for two weeks with improving liquidity, that's your entry signal for mean reversion play. Until then, treat this as cooked.
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