Natural Gas Downtrend Continues as Price Hovers Near Zero Line

Natural Gas MCX Futures are trading near $446, sliding in a short-term downtrend and hovering just below the zero line at $448.90 after a failed bounce.

The price is repeatedly rejecting the $450-$453.5 band, making it a key supply zone for the session.

According to Chart Pathik's analysis, longs can activate only above the Long Entry level at $459.75, with aggressive counter-trend attempts considered only if price reclaims and sustains above the zero line at $448.90 and then the Short Entry band at $453.55.

The bullish targets are set at $465.15 (Long Target 1 / major intraday booking zone) and $475.20 (Long Target 2 / extended upside if trend fully reverses).