$167M in AXS Unlocking on April 17 โ€“ Is a Drop Below $2 Coming? ๐Ÿ‘€๐Ÿ“‰

Axie Infinity ($AXS ) is at a key inflection point โ€” 14.8 million tokens (~$167.4M) are set to unlock on April 17, 2025. This could spark major price moves, and youโ€™ll want to be ready. Letโ€™s break it down โ€” and what you, the savvy retail investor, should be thinking.

๐Ÿ”“ Unlock Breakdown:

Date: April 17, 2025

Amount: 14.8M AXS

Estimated Value: ~$167.4M

Current Price (Apr 14): ~$2.32

โš ๏ธ Why This Matters:

Large unlocks = potential sell pressure, especially if early backers or team wallets offload. Historically, this has led to short-term dips.

Supply Spike = Bearish Pressure

๐Ÿ“Š Key Price Levels:

Support: $2.00 โ€” critical zone to hold

Resistance:

$2.50 โ€“ first major test

$2.70โ€“$2.80 โ€“ heavy resistance/sell zone

๐Ÿง  Retail Strategy โ€” What Should You Do?

If Youโ€™re Holding:

Set a stop-loss slightly below $2.00

Take partial profits around $2.50โ€“$2.70

Stay calm โ€” short-term volatility doesnโ€™t define long-term value

If Youโ€™re Eyeing the Dip:

Watch the $2.00 area closely โ€” key bounce potential

Best entry zone: $2.00โ€“$2.10, but only if volume supports a recovery

If You Plan to Sell:

Consider exiting before April 17 if you're short-term focused

Look for strength near $2.50โ€“$2.70 for better exits

๐Ÿงฎ What Could Happen?

Whale Selling: Likely drop below $2.00

Bullish Sentiment Holds: Short-term dip โ†’ bounce at support โ†’ potential range play

๐Ÿ“Œ Final Word:

This unlock could be a classic "buy-the-dip" moment โ€” or a "sell-the-news" drop. It all depends on market reaction.

Stay sharp. Trade the facts. Watch the chart โ€” not your emotions.

Whatโ€™s your move on $AXS ? Bullish or Bearish? Share your take below!

#AXS #UnlockAlert #CryptoMoves #BinanceSqua re #DeFiStrategy