BORG : A Market in Standby = Opportunities to SeizeEven if it sometimes feels like we’re looking at the same chart week after week, don’t be fooled—it’s updated regularly. However, the analysis remains unchanged, reflecting a prolonged phase of lateral market movement.
Currently, the asset continues to trade within a well-defined range between $0.39 (resistance) and $0.30 (support) . At the moment, the price is closer to the lower end of this range, making it an interesting buying zone for opportunistic investors.
That said, a potential bearish extension cannot be ruled out, especially considering the selling pressure observed earlier this week. A similar dynamic occurred in mid-December, which serves as a reminder to stay cautious.
Stay Ready for Opportunities
Even in this consolidation phase, the market offers attractive opportunities. Take advantage of price movements within this range while remaining alert to any potential support break. Patience and observation are your best allies during such market conditions.
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