Natural Gas Prices Plummet Below Key Support Zones

Natural gas prices have broken down from their short-term consolidation range, falling below a key support zone and confirming a bearish reversal is underway.

The price has sliced through a descending trend line connecting recent swing highs and is now trading well below the shaded consolidation zone between $2.836 and $2.872, an area that previously acted as support before the late-July rally toward the $2.989 high.

This zone could flip into resistance if a corrective bounce takes shape, giving sellers a fresh opportunity to reload before the selloff gains more traction.