Natural Gas Futures Teeter on Edge of Liquidation Cycle

Natural Gas Futures (MCX) are trading around 308.2 as they compress closely above the 307.80 Zero Line after a steep vertical collapse from its multi-day high near the 321 regions.

The contract has erased its entire recent expansion leg, shifting the immediate structural bias back down into a stabilization test at this deep inflection base.

Price is winding exceptionally tight directly on top of the primary baseline as bears attempt to break this floor and spark a deeper liquidation cycle while buyers try to establish a reactive defensive bounce.