Writing
🚨 NATGAS — Longs Just Took a Hit!
🔴 Liquidated Long: $58.7K
💰 Liquidation Price: $2.936
📉 Signal: Long-side leverage getting squeezed
Natural Gas is showing some pressure around the $2.93–$2.94 zone. Recent Henry Hub futures data also shows price momentum cooling after the late-September spike, with the Oct. 1 contract closing near $2.98.
🔥 My Market Read:
The liquidation adds short-term bearish pressure, but $2.90–$2.93 becomes an important reaction area. If buyers defend this region, a rebound toward $3.00–$3.02 could develop. A clean break below support would keep the downside setup active.
⚠️ Signal View: Neutral-to-bearish below $3.00; watch the reaction at support before chasing a move.
🎯 Key Levels:
• Support: $2.90–$2.93
• Resistance: $3.00–$3.02
• Trigger: Break + volume confirmation
Trade the reaction, not the emotion. 📊⚡
Natural-gas fundamentals are also being influenced by storage levels, weather expectations and LNG demand, so volatility can remain elevated. �
wsj.com +1
#EtherGains70.9%InQ3 #US10YearYieldNears5.3% #DollarIndexHitsHighestSinceMay2025 #USWeeklyJoblessClaimsFallTo197000 #KoreaProposesTokenizingStocksAndBonds
🚨 NATGAS — Longs Just Took a Hit!
🔴 Liquidated Long: $58.7K
💰 Liquidation Price: $2.936
📉 Signal: Long-side leverage getting squeezed
Natural Gas is showing some pressure around the $2.93–$2.94 zone. Recent Henry Hub futures data also shows price momentum cooling after the late-September spike, with the Oct. 1 contract closing near $2.98.
🔥 My Market Read:
The liquidation adds short-term bearish pressure, but $2.90–$2.93 becomes an important reaction area. If buyers defend this region, a rebound toward $3.00–$3.02 could develop. A clean break below support would keep the downside setup active.
⚠️ Signal View: Neutral-to-bearish below $3.00; watch the reaction at support before chasing a move.
🎯 Key Levels:
• Support: $2.90–$2.93
• Resistance: $3.00–$3.02
• Trigger: Break + volume confirmation
Trade the reaction, not the emotion. 📊⚡
Natural-gas fundamentals are also being influenced by storage levels, weather expectations and LNG demand, so volatility can remain elevated. �
wsj.com +1
#EtherGains70.9%InQ3 #US10YearYieldNears5.3% #DollarIndexHitsHighestSinceMay2025 #USWeeklyJoblessClaimsFallTo197000 #KoreaProposesTokenizingStocksAndBonds