Natural Gas Futures Hover Near Resistance Amid Bullish Momentum
Natural Gas futures are trading around 322-324 after bouncing from lows near 310 in February 2026, according to Chart Pathik's analysis. The commodity is consolidating near its key resistance at 326 with bullish momentum signals.
The analyst notes a bullish structure, where longs can activate above 326, and the price sustains above this prior high while defending the 322 support zone. Targets for this move include 332 (a major booking zone) and 340 (an extended move on breakout).
However, Chart Pathik also outlines a bearish structure, where shorts can open below 322 or on rejection at 326 after failed upside attempts. The analyst suggests targets of 316 (partial/scalp) and 310 (extended move if breakdown holds), with fast short covers required above 326 or on sharp reversals.