Scenarios Scenario 1: Continuous Negative Pressure Copper price affected by stochastic exit from overbought areas. Increased negative pressures on current trades. Frequent stability below bullish channels resistance line at $4.6800. Formation of new negative crawl, touching $4.4600 level. Scenario 2: Further Downturn Expected Continuous negative pressures anticipated to lead to more losses. Expectation to target $4.4000 level soon. Main target projected at $4.2900. Trading Range The expected trading range for today is between $4.6000 and $4.3000.

Trend forecast: Bearish