$MKR is currently trading near the upper Bollinger Band at 1931.48, indicating potential overextension.
With the recent price action, a reversal might occur, especially given the strong resistance at 1945.
The lower band at 1861.32 serves as solid support, aligning with a critical support level at 1865.
Volatility appears to be contracting, suggesting that traders should prepare for a potential breakout.
Consider setting a stop-loss just below 1865 for risk management.
I recommend waiting for a clearer price direction or setting alerts around key levels before making a move.
