Natural Gas (NG) is valued at $1.74, experiencing a slight decrease of 0.06%

Currently, Natural Gas (NG) is valued at $1.74, experiencing a slight decrease of 0.06%. The technical analysis landscape centers around a pivotal point at $1.7856, which holds significant influence over future price movements. Resistance levels are outlined at $1.8433, $1.9027, and $1.9700, indicating potential paths for upward momentum.

On the contrary, support levels are established at $1.7257, followed by $1.6711 and $1.6056, providing potential cushions against further declines. The 50-day and 200-day Exponential Moving Averages (EMAs) stand at $1.8396 and $1.9472, respectively, suggesting a bearish trend given the current pivot.

A breakthrough above $1.7856 could signal a shift towards a bullish perspective, underscoring the significance of this threshold in determining NG's trajectory. Therefore, the prevailing trend for NG remains bearish below $1.7856, with the potential for a change if prices surpass this crucial level.