
Post

Happy_shanky
A lot of people are asking how far $SPCX could fall after the unlock.
Will it immediately break below 100? Probably not.
Although 910 million shares are becoming unlocked, that doesn't mean they'll all be sold at once. Increased float also means more market participants competing for those shares.
The price already dropped to around 108 before the open, but the real test begins once regular trading starts. Expect heightened volatility and a battle between buyers and sellers.
If the price falls sharply, there will likely be plenty of voices calling it a buying opportunity.
Personally, I don't think this should be judged based on a single trading session. The bigger picture matters.
With additional unlocks scheduled for late August and early September, supply pressure isn't over yet. If those unlocks continue to weigh on sentiment, a break below key support becomes more likely over time.
Patience is key—watch how the market absorbs the new supply before drawing conclusions.
#DailyOrbit
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