🟢 Copper is showing a recovery after a strong drop, now hovering above the 4.50280 support zone. Bulls are eyeing the next key resistance at 4.82320.
🔑 Marked Levels:
• Support: 4.50280 🛡 | 4.27241 ⚠ | 4.04129 🚨
• Resistance: 4.82320 ❌ | 5.09840 ❌ | 5.39367 🧱
📈 Outlook:
• Bullish Bias: If price holds above 4.50280, it may retest 4.82320.
• Bearish Outlook: Rejection around 4.82320 or a failure to stay above 4.50280 may open the door for deeper pullbacks toward 4.27241.
🎯 Wait for confirmations and follow your trading plan — market still volatile!
📘 Not financial advice. Trade responsibly.
🔑 Marked Levels:
• Support: 4.50280 🛡 | 4.27241 ⚠ | 4.04129 🚨
• Resistance: 4.82320 ❌ | 5.09840 ❌ | 5.39367 🧱
📈 Outlook:
• Bullish Bias: If price holds above 4.50280, it may retest 4.82320.
• Bearish Outlook: Rejection around 4.82320 or a failure to stay above 4.50280 may open the door for deeper pullbacks toward 4.27241.
🎯 Wait for confirmations and follow your trading plan — market still volatile!
📘 Not financial advice. Trade responsibly.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.