$BTC -251218-87000-P SHORT TRADE SIGNAL
Technical Analysis:
Price has shown strong bullish momentum on the option chart, breaking above multiple intraday resistance levels with rising volume. This move indicates increasing demand for the 87000 PUT, suggesting growing downside expectations for BTC. Structure favors continuation as long as price holds above the key demand zone.
Trade Setup (SHORT):
Entry: 820 – 860
Targets (TP):
TP1: 900
TP2: 1,050
TP3: 1,200
Stop Loss (SL): 560
Market Outlook:
Overall sentiment reflects short-term bearish pressure on BTC, with traders hedging or positioning for a downside move as volatility expands.
