Natural gas is kicking off the week on a strong note. It's testing a crucial ascending support zone, and the price action here tells a clear story—sellers got shut down hard, and buyers came in with real conviction. What's catching traders' attention is that gap-up move we're seeing above both the 50-period and 200-period EMAs. That's not just noise; it signals a genuine momentum shift. When price clears above those major moving averages like this, it typically reflects a meaningful change in the short-term bias. The rejection at support combined with the positioning above these key averages suggests the near-term trend is tilting bullish.
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DaoResearcher
· 9h ago
From a technical pattern perspective, the breakout of this wave of natural gas is not yet supported by a high enough confidence level of a reversal at the support level, and further confirmation is needed over the next week. I agree with the view that both the 50-period and 200-period moving averages are broken upward, but citing Vitalik's discussion on market signals— a purely technical breakout without on-chain capital flow support is essentially still a multi-solution equilibrium state. It is worth noting that the fragility of market sentiment reversal has already been confirmed by energy futures under high volatility environments.
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alpha_leaker
· 9h ago
The recent surge in natural gas prices is quite fierce, with the bears being smashed through directly. The buying momentum is really strong.
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liquidation_surfer
· 9h ago
This wave of natural gas really can't hold up anymore, and the bears were directly blown out. The bulls haven't hesitated to enter the market. The gap-up crossing the double moving averages is no joke; it definitely has some momentum in the short term.
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AlwaysQuestioning
· 10h ago
This wave of natural gas is really happening. The shorts have been wiped out, and the buyers are entering aggressively. The gap-up breaking through two moving averages indicates that a rally is about to start...
Natural gas is kicking off the week on a strong note. It's testing a crucial ascending support zone, and the price action here tells a clear story—sellers got shut down hard, and buyers came in with real conviction. What's catching traders' attention is that gap-up move we're seeing above both the 50-period and 200-period EMAs. That's not just noise; it signals a genuine momentum shift. When price clears above those major moving averages like this, it typically reflects a meaningful change in the short-term bias. The rejection at support combined with the positioning above these key averages suggests the near-term trend is tilting bullish.