Natural Gas at Decision Zone! Waiting For The Price Direction
After a strong impulsive rally, Natural Gas entered a consolidation phase, forming a clear range between 3.40 and 3.70. This zone is now acting as a key decision area for the next major move.
Bullish Scenario:
If price manages to break and hold above 3.70, bullish momentum could resume. A successful breakout would open the path toward the next resistance targets at 3.93 and 4.21, confirming continuation of the broader uptrend.
Bearish Scenario:
A breakdown below 3.40 would increase selling pressure, exposing lower targets at 3.23 and potentially 2.96, where stronger demand is expected.
You may find more details in the chart!
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