$ATM has shown a price increase of 2.087% in the last 24 hours.
Currently, it is approaching the upper Bollinger Band at 1.089.
This proximity indicates potential overextension and could signal a reversal.
Key support levels are at 1.039, while resistance remains at 1.107.
With volatility contracting, traders should be cautious of whipsaw movements.
Consider placing a stop-loss just below 1.039 to manage risk.
Recommended action: Set alerts around the upper band and consider selling near 1.107.