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Figure Heloc 
LME Copper has stalled near strong resistance at 13,400, with weakening momentum suggesting a potential near-term consolidation, Société Générale’s FX analysts note.
💡 DMK Insight
Copper’s stall at 13,400 is a critical moment for traders: it signals potential consolidation. Weakening momentum indicates that buyers might be losing steam, which could lead to a pullback. If prices break below 13,200, that could trigger further selling pressure. On the flip side, a strong bounce off 13,400 could reignite bullish sentiment, especially if accompanied by positive economic data or demand signals from China. Traders should keep an eye on related markets, like SOL, which often reacts to broader commodity trends. Watch for volume spikes around these levels; they could provide clues about the next move. If you’re in copper, consider setting alerts around 13,200 and 13,400 to catch any shifts quickly.
📮 Takeaway
Monitor LME Copper closely; a break below 13,200 could signal a deeper pullback, while a bounce at 13,400 might reignite bullish momentum.
