Natural gas futures have experienced a sharp move with large bars and fast momentum, indicating heightened volatility. The short-term (weekly) and intermediate-term (monthly) Fib grid trends remain down, with price trading below their respective NTZ/F0% levels, confirming a bearish bias in the near term. However, the yearly (long-term) Fib grid trend has shifted up, with price now above the yearly NTZ/F0%, suggesting a potential longer-term recovery or reversal is underway. Swing pivots show a short-term downtrend, but the intermediate-term HiLo trend is up, reflecting a possible transition phase. Key resistance levels are well above current price, while support is clustered near recent lows, highlighting the importance of the 2.850 and 2.290 zones. Moving averages are mixed: short-term benchmarks are split, while most long-term averages are trending up except for the 100 and 200 week MAs, which remain in downtrends. Recent trade signals reflect this mixed environment, with both short and long signals triggered within days of each other, underscoring the choppy and potentially range-bound nature of the current market. Overall, the short-term outlook is bearish, the intermediate-term is neutral as the market seeks direction, and the long-term is bullish, hinting at a possible base formation and recovery phase. This environment is characterized by volatility, trend transitions, and the potential for both sharp pullbacks and rallies as the market tests key support and resistance levels.