Natural Gas Futures Test Zero Line Amid Rebound Attempt

Natural Gas futures are trading near 377.1 after bouncing from recent lows and testing the zero line at 376.50, along with the Add Long Position band at 377.65.

This area is a critical decision zone for the next intraday leg, as the trend attempts to turn from a sharp selloff into a corrective rebound.

Bullish traders can activate long positions above the Long Entry level at 379.67, once price sustains above the zero line and Add Long Position band with higher lows.

The targets for bullish trades are 387.07 (Long Target 1) and 393.60 (Long Target 2), which represents an extended move if short-covering accelerates.