Copper Futures Teeter on Edge of Support Zone Collapse

Copper futures are hovering at a critical technical crossroads, with price currently trading at $6.6388.

This level is directly on top of a dense support area built around the 200-hour moving average and the Ichimoku cloud.

A sustained move above $6.7200 or below $6.575 is expected to define the next major directional trend, according to the current technical framework.

The market is currently trading in a tightly contested range, with buyers and sellers locked in around a critical price band.