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Key Price Levels to Watch by Options Expiry

Ultra Short-Term

Upside

$80 — Maximum upside target

$75 ⭐ — Key central level

$70

$65

Downside

$60 ★ — Downside target

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End of August

Upside

$70 — Previously the maximum upside target

Downside

$60 — Recently starting to attract more attention

$55 — Key central level

$52 — Key downside defense level

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End of September

Upside

$85 — Maximum upside target

$74 — Key upside level

Downside

$55

$50

$45

$40 ★

The downside appears to be receiving significantly more attention, suggesting that the market is increasingly cautious about further downside risk.

If $52 breaks, $40 could become the next major downside defense level.

Realistically, however, $45 may act as an initial support level before that.

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Very Long-Term / Overall View

Upside

$70 — Previously the main upside target

Downside

$60 — Newly emerging level of interest

$55 — Recent key battleground

$52 — Major downside defense level

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Recent Options Trading Activity

Recent upside strikes:

$72

$70

$68

$64

Recent activity has been concentrated entirely on strikes above the current reference area.

Downside

$58 — Activity has increased sharply

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Analysis Time:
August 20, 2026, around 14:00 UTC

$HYPE