Fact: the latest 10-day LME range for lead is n/a to n/a.
The technical view is simple: price is range-bound until one side of the band breaks.
Rzzro view: buyers should use support levels as hedge windows and resistance levels as proof that momentum has returned.
What this means for buyers
Use $1,950-$2,000/mt as the hedge band for 1-3 months. Watch battery demand and recycling flows; lead can stay range-bound until one side breaks.