Natural gas futures are currently in a consolidation phase with a bearish tilt in the short and intermediate term, as indicated by the downward trends in both the weekly and monthly session fib grids, as well as the swing pivot structure (DTrend). Price is trading below the NTZ (neutral trading zone) for both the weekly and monthly grids, reinforcing the downside bias. The last price is below all short and intermediate-term moving averages, which are also trending down, confirming persistent selling pressure. However, the long-term trend remains bullish, with price still above the yearly NTZ and both the 100-day and 200-day moving averages trending up, suggesting that the broader uptrend is intact. Volatility (ATR) is moderate, and volume is steady but not elevated, indicating a lack of strong conviction from either buyers or sellers at this stage. Key resistance levels are clustered above 3.08, while support is seen at 2.78 and 2.74, with a major swing low at 1.19. The market appears to be in a corrective phase within a larger uptrend, with potential for further consolidation or a retest of lower support before any significant reversal or continuation of the long-term bullish trend.