2026-01-09 16:30:10

NATGAS Trend Observation: Since the shooting star confirmation on December 31, natural gas has been under clear bearish control both technically and psychologically. After a bullish engulfing pattern appeared yesterday, the price began to consolidate at a low above the 200-day moving average, which is a support area worth paying attention to. From a pattern perspective, it is currently in the construction phase of a bottom zone. Although the bears are dominant, this oscillation also creates the possibility of a reversal in the subsequent trend. The 200-day moving average, as a medium-term trend line, whether it can hold steady is key to judging the future direction. Continue to monitor the price performance and volume changes in this area.

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AirdropHarvester

· 01-09 17:00

Can the 200-day moving average hold this crucial threshold? It really feels like a repeated test on the brink of life and death.

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HodlAndChill

· 01-09 16:56

You really need to hold the 200-day moving average level, or it will drop again.

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AirdropNinja

· 01-09 16:56

The 200-day moving average is also a key level, always this line. Can it hold this time? Feels like the bears are a bit exhausted.

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HappyToBeDumped

· 01-09 16:55

The 200-day moving average is pretending to be dead again. Will it hold this time... Just looking at the pattern is too unreliable; trading volume is the real indicator.

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DaoDeveloper

· 01-09 16:40

ngl the 200-day MA holding is literally the only thing keeping this from becoming a full-on death spiral... those shooting stars got me thinking the game theory here is pretty interesting tho, like what's the actual incentive structure forcing this consolidation? 🤔 volume patterns might tell us if there's genuine accumulation or just noise

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RunWhenCut

· 01-09 16:33

Will the 200-day moving average hold or not? To be honest, I'm also betting on it. Anyway, the bearish trend is so strong now that it will eventually turn around.

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