BTC Sideways- Selling calls of short maturity

Sideways View on BTCUSDT

Trade:

Sell  44400 Call option of 4 February expiry @ $85

Stop Loss: Premium = $170

Target: Premium = $0

Max Profit: 885/BTC

Rationale:

The most recent movement in BTC suggests a potential temporary halt in the upward momentum, with noticeable retracements in play. Moreover, a recently established supply zone/resistance has been pinpointed on the charts.