Global X Copper Miners ETF (COPX) exhibits positive signals with an upward trend. While the short-term moving average is above the long-term average, indicating bullishness, some technical weaknesses have led to a downgrade from a 'Strong Buy' to a 'Hold/Accumulate' candidate. The ETF is currently trading at a slight discount to its previous close and shows potential for further upward movement. Key support is identified at $80.07, with resistance at $88.08. Given the high volatility and recent sell signal from a pivot top, a cautious approach is recommended, with a stop-loss set at $79.91.