$PUP T OPTION GAINING STRENGTH – A BULLISH BETS AGAINST BTC?
Contract: BTC-251226-88000-P
Last Price: $2,900.000
Rise: +3.57% (₹812,580.00) – Building momentum!
24H Range: A powerful recovery from the depths!
High: $3,450.000**
Low: **$1,435.000 – A 140% rebound from the low!
Volume Alert:
Contracts: 158.53
USD Value: $13.53M – Strategic positioning underway!
Critical Resistance Ahead:
MA60 at $3,725.000** – Price is knocking just below this major hurdle.
Mark Price at **$3,619.619 suggests the market sees FURTHER UPSIDE potential!
Big Picture:
This $88,000 strike put (expiry Dec 26) is climbing while Bitcoin likely hovers near highs.
This could be a strategic hedge or a bet on a pre-holiday Bitcoin correction!
Key Levels:
Immediate resistance: $3,716.666 - $3,725.000 (MA60 wall).
Break above here, and the path opens to the $3,450.000 24h high and beyond!
With 10 days to expiry, time is on its side. A volatile move in BTC could send this contract soaring.
High-stakes positioning in play. Watch the MA60 breakout for the next big move!
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