$HIVE is currently trading at 0.247, near the lower Bollinger Band of 0.247.
This proximity suggests potential support and a possible reversal.
A break below 0.2452 could signal further downside.
Volatility appears to be contracting, indicating a potential narrowing range ahead.
Consider setting a stop-loss slightly below the support at 0.245 to manage downside risk.
If HIVE bounces off this level, a cautious buy near 0.247 with profit targets around 0.2587 could be viable.
Alternatively, waiting for a confirmed reversal would minimize risk.
