Suggested Scenarios and Trading Range Analysis Scenario 1: Continuation of Bearish Momentum The copper price has been influenced by stochastic negativity, leading to the postponement of bullish trades and the initiation of a correctional bearish trajectory. Yesterday, it crawled towards $4.3760, approaching the first target outlined in our previous report.

Frequent stability below $4.5400 reinforces the correctional bearish bias. Continuous negative momentum signals from stochastic indicators. Anticipate an attack on the $4.3000 level in the near term. Breaking below $4.3000 could further drive the price down, targeting $4.1500. Expected Trading Range for Today Between $4.5100 and $4.3000.

Trend Forecast: Bearish